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Godrej Dynasty Divides? Family Begins Formal Division Process: Report

Godrej Dynasty Divides? Family Begins Formal Division Process: Report
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Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others. ....

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Godrej family begins formal division of group, to start divestments soon: Report

As per the report, Adi and Nadir Godrej will divest their stakes in Godrej & Boyce to the other branch. Jamshyd Godrej and his side of the family will transfer interests in Godrej Consumer Products (GCPL) and Godrej Properties to their cousins through a family arrangement. ....

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Godrej Split: Board Exits Done, Stake Divestment to Follow

The Godrej family has begun the formal division of the conglomerate established more than a century ago by exiting the boards of each others companies and will soon divest stakes in them, said people with knowledge of the matter. ....

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Godrej split: Board exits done, stake divestment to follow

The amicable separation is between two branches of the founding family with Adi Godrej and brother Nadir Godrej on one side and their cousins Jamshyd Godrej and Smita Godrej Crishna on the other. The latter two are brother and sister. ....

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