The founding family of 127-year-old Godrej Group, which spans from soaps and home appliances to real estate, has reached an agreement to split the conglomerate.
India Business News: The Godrejs have reached a settlement to split the Rs 59,000-crore ($7 billion) locks-to-land development group to “better align ownership in acknowle
The conglomerate, known for its diverse products such as door locks, soaps, and space rockets, has a long history of innovation and success. The split is aimed at resolving differences and ensuring the best value for shareholders. It involves important specifics such as the usage of the Godrej brand name and land valuations.