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Godrej family arrive at an amicable settlement to split group

Godrej family arrive at an amicable settlement to split group
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Godrej Looks to Lock in Terms of Split Soon

The Godrej Group, the ₹1.76-lakh-crore conglomerate that began its industrial journey five decades before Independence selling locks to the citizens of a then crime-prone Bombay, is reportedly in advanced stages of crucial negotiations to conclude the formal division of its diverse businesses, top industry executives familiar with the matter told ET. ....

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godrej: Godrej Group looks to lock in terms of division ahead of family split of Rs 1.76-lakh-crore conglomerate

The two factions of the Godrej family - Godrej Industries & Associates led by Adi Godrej and his brother Nadir, and Godrej & Boyce Manufacturing Company (G&B) involving cousins Jamshyd Godrej and Smitha Godrej Crishna - are likely to finalise soon the formal split of business verticals as diverse as engineering, appliances, security solutions, agricultural products, real estate, and consumer products, said the officials familiar with the matter. ....

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