India Business News: Adi and Nadir Godrej-led family group offers to buy 26% of Astec Lifesciences at Rs 1,070 per share, triggering an open offer due to a change in share
Jamshyd Godrej and his sister control Godrej & Boyce with 3,000 acres Mumbai property. Adi Godrej and Nadir Godrej market real estate projects for management fees. Pirojsha Godrej mentions Vikhroli, Mumbai, and the Development Management (DM) model.
The family’s asset division plan has done well to minimize scope for a wrangle over a brand prized for elasticity across markets. Like a Möbius strip, the brand can be split but not apart.