Godrej

2024 - 5 - 1

Inside the Godrej Family Split: A Legacy Divided

business split - Godrej family - leadership transition - real estate - stock market

The Godrej conglomerate undergoes a structural transformation, dividing into two entities. Find out how this split impacts investors and the future of the business.

The recent split of the Godrej conglomerate into Godrej Enterprises and Godrej Industries has set the stage for a new era in the company's history. This move brings clarity to the organization, with analysts closely watching the development of Vikhroli land by the newly structured entities. The division also highlights the involvement of industry stalwarts like Uday Kotak, Cyril Shroff, and Zia Mody as key advisors to the Godrej family during this transition.

For years, Godrej & Boyce Mfg Co. Ltd held the group's land assets, while Godrej Properties Ltd focused on property development. The split now paves the way for a new real estate firm, raising expectations for innovative growth opportunities in the sector. The strategic realignment of shareholdings within the Godrej family aims to optimize leadership and leverage sector-specific expertise, ensuring a strengthened business empire in the future.

As the Godrej Group redefines its structure, notable names like Adi and Nadir Godrej retain control of Godrej Industries, spanning five listed firms. This reorganization signifies a historic moment in the 127-year-old legacy, showcasing a blend of tradition and modernization. Additionally, the open offer by the Adi/Nadir Godrej side to acquire Astec Lifesciences further underscores their commitment to expanding their portfolio and influence.

In a significant development, the Godrej family split marks a pivotal shift in the conglomerate's operations and ownership. With a rich history dating back to the Swadeshi movement, the group's evolution reflects a balance between heritage and adaptability. The division signifies a strategic move towards sustainability and growth, ensuring that the next generation of the Godrej family continues to flourish in the dynamic business landscape.

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Image courtesy of "The Economic Times"

Godrej split: Godrej conglomerate split: How should investors play ... (The Economic Times)

Splitting into Godrej Enterprises and Godrej Industries brings clarity, with no major immediate stock impact. Analysts await Vikhroli land development by ...

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Image courtesy of "Business Today"

'Even next generation will flourish': Uday Kotak on Godrej family's ... (Business Today)

Uday Kotak, Founder of Kotak Mahindra Bank, Cyril Shroff, Nimesh Kampani, and Zia Mody, were top advisors to the Godrej family.

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Image courtesy of "Livemint"

Godrej deal raises scope for new real estate firm | Mint (Livemint)

For long, Godrej & Boyce Mfg Co. Ltd owned the group's land assets, while Godrej Properties Ltd did the property development. Following the division, Nyrika ...

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Image courtesy of "People Matters"

Godrej announces strategic realignment of shareholdings to foster ... (People Matters)

In a strategic move to optimise leadership and harness sector-specific expertise the Godrej family has restructured its vast business empire into two ...

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Image courtesy of "Deccan Herald"

Godrej Split: Godrej & Boyce to hold exclusive construction rights ... (Deccan Herald)

New Delhi, May 1 (PTI) Jamshyd Naoroji Godrej and his sister Smita Crishna Godrej-controlled Godrej & Boyce will hold the exclusive construction rights over ...

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Image courtesy of "Business Standard"

Godrej Group division: Here's a look at 127-year-old history of the ... (Business Standard)

Godrej Family Split: From steel locks to Cinthol soap, here is a look at the group that once played a role in the Swadeshi movement.

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Image courtesy of "Moneycontrol.com"

'Even next generation will flourish,' says Uday Kotak as Godrej ... (Moneycontrol.com)

Godrej family has decided to restructure its shareholding in the conglomerate to operate as two entities, Godrej Enterprises and Godrej Industries.

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Image courtesy of "Business Standard"

Adi/Nadir Godrej family makes open offer to acquire Astec ... (Business Standard)

Astec-LifeSciences: To acquire 20.84% stake in Godrej Industries from Jamshyd Godrej family.

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Image courtesy of "NDTV"

Explained: Why The Godrej Family Split Their 127-Year Business ... (NDTV)

The founding family of the 127-year-old Godrej Group has agreed to split the conglomerate. In this division, Adi Godrej and his brother Nadir will retain ...

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Image courtesy of "barandbench.com"

Cyril Amarchand Mangaldas, AZB advise on Godrej Group Family ... (barandbench.com)

The Godrej family branches have also entered into a Brand & Non-Compete Agreement to record their understanding in respect of the Godrej brand and ...

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Image courtesy of "Business Today"

Adi/Nadir Godrej side makes open offer to acquire Astec Lifesciences (Business Today)

As per the company's filing, the offer, made at the price of Rs 1069.75 per share, was triggered as the Adi/Nadir family's plan to acquire 20.84 per cent ...

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Image courtesy of "Deccan Herald"

Godrej family split: Who gets what? (Deccan Herald)

With Adi Godrej (82) and his brother Nadir (73) will keep Godrej Industries that has five listed firms, their cousins, Jamshyd Godrej (75) and Smita Godrej ...

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Image courtesy of "NDTV"

5 Facts About Adi And Nadir Godrej, Owners Of Godrej Industries ... (NDTV)

In an ownership redistribution,the billion-dollar venture will now be splitinto two branches of the family. Adi and Nadir Godrej will maintain control of ...

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Image courtesy of "Business Standard"

Transfer of baton: New-gen leaders to take the reins as Godrej ... (Business Standard)

While 43-year-old Pirojsha Godrej, son of patriarch Adi Godrej, is set to take over as chairman of the Godrej Industries Group from 2026, Nyrika Holkar, the 42- ...

Former Godrej Group firms to continue working on Vikhroli land ... (The Hindu)

Godrej Group split in Mumbai, with Godrej Construction and Godrej Properties collaborating on Vikhroli development projects.

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Image courtesy of "Times of India"

Godrej camps can't compete for 6 years, except in real estate business (Times of India)

The Godrej family has agreed to refrain from competing with each other for six years, except in the real estate business, after a division in the 127-

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Image courtesy of "The Indian Express"

Land owned by Godrej & Boyce has Rs 3-trillion potential (The Indian Express)

The land holdings owned by Godrej & Boyce Manufacturing Company, part of Jamshyd Godrej-controlled Godrej Enterprises Group (GEG), in Vikhroli area of ...

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Image courtesy of "Livemint"

A quiet Godrej billionaire gifts all riches to relatives | Mint (Livemint)

One of the wealthiest Indians, Naoroji owns stakes across group companies that will form part of the now bifurcated Godrej Enterprises Group and Godrej ...

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Image courtesy of "Financial Express"

Adi and Nadir Godrej family makes open offer for Astec (Financial Express)

The offer was triggered from the Adi/Nadir family's plan to acquire 20.84% stake in Godrej Industries from the Jamshyd Godrej/Smita Crishna Godrej family.

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Image courtesy of "Deccan Herald"

Explained | Why the 127-year-old Godrej Group is splitting (Deccan Herald)

Godrej split explained, what happens to Vikhroli land, who gets what after the split, who is the future of Godrej companies, Godrej family tree.

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Image courtesy of "Livemint"

Godrej split: What it means for the group's listed companies | Mint (Livemint)

The Godrej family's decision to split the 127-year-old conglomerate could potentially unlock the valuations of its holding companiesโ€”of Godrej Industries Ltd ...

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Image courtesy of "Financial Express"

Godrej split to prevent brand erosion as group expands, say experts (Financial Express)

New businesses to have new identity; six-year non-compete clause in place.

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Image courtesy of "Zee Business"

Godrej Industries, Godrej Consumer Products, Godrej Properties ... (Zee Business)

As per the agreement reached late Tuesday, the 127-year-old group will be split into two entities - one led by Adi Godrej and his brother Nadir and the ...

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Image courtesy of "Business Standard"

Godrej group splits after 127 yrs: What it means for listed Godrej ... (Business Standard)

Godrej Group Split: Most Godrej group stocks have performed well thus far in calendar year 2024 (CY24). Godrej Properties has been the top performer with a ...

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Image courtesy of "Livemint"

Godrej Industries, Godrej Consumer, Godrej Agrovet jump 1-5 ... (Livemint)

Godrej Industries share price jumped as much as 3% to hit a fresh 52-week high of โ‚น989.90 apiece on the BSE, while Godrej Consumer Products shares gained ...

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Image courtesy of "Moneycontrol.com"

Most Godrej group stocks surge 2-8% after conglomerate's split (Moneycontrol.com)

The restructuring of the 127-year Godrej Group will divide the conglomerate into two- its listed entities under Godrej Industries and unlisted business ...

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Image courtesy of "Business Today"

Meet Rishad Kaikhushru Naoroji, the low-profile Godrej who gave ... (Business Today)

Rishad's net worth is estimated at around $3.8 billion. The son of Kaikhushru and Dosabai, Rishad, is an avid conservationist who has founded the Raptor ...

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Image courtesy of "CNBCTV18"

Adi Godrej and family makes open offer to acquire 26% stake in ... (CNBCTV18)

The Adi Godrej faction of the Godrej Group led by brother Nadir Godrej, Tanya Dubash, Nisaba Godrej and Pirojsha Godrej have announced an open offer to ...

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Image courtesy of "Business Today"

Godrej Industries, Godrej Properties shares drop up to 9%; Godrej ... (Business Today)

Godrej Industries, Godrej Consumer Products, Godrej Properties, Godrej Agrovet and Astec Lifesciences will have Nadir Godrej as Chairperson.

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Image courtesy of "Deccan Herald"

Godrej Group stocks witness mixed trends in early trade (Deccan Herald)

New Delhi, May 2 (PTI) Shares of Godrej group companies witnessed mixed trends in the morning trade on Thursday after the founding family of the ...

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Image courtesy of "News18"

Why Godrej Group Announced Split? Who Gets What? What It ... (News18)

The Godrej family in a statement has termed the split as 'ownership realignment' of the shareholdings in the Godrej companies. The group has been divided ...

Godrej Industries, Godrej Properties share decline up to 7% after ... (The Economic Times)

The family of 127-year-old Godrej Group, which has both, listed and unlisted entities, decided to split the conglomerate and operate as two entities ...

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Image courtesy of "CNBCTV18"

Godrej Family Settlement: Here's how the listed entities stack up (CNBCTV18)

Shares of Godrej Properties Ltd. and Godrej Industries Ltd. declined 3% each on Tuesday, while those of Godrej Agrovet, Godrej Consumer Products and Astec ...

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Image courtesy of "The Indian Express"

Godrej group stocks trade mixed after conglomerate's split (The Indian Express)

Godrej Industries shares slipped as much as 9 per cent at 872.90 while Godrej Agrovet climbed over 5 per cent to touch intraday high at 573.00 on the NSE.

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Image courtesy of "India Today"

Godrej split: Meet Rishad Naoroji, billionaire who gifted his shares to ... (India Today)

Rishad Kaikhushru Naoroji has shares in entities like Godrej Agrovet, Godrej Consumer, Godrej Properties, and Godrej Industries, valued at nearly Rs 7000 ...

Godrej Industries Ltd leads losers in 'A' group (Business Standard)

Aegis Logistics Ltd, South Indian Bank Ltd, Supreme Industries Ltd and JM Financial Ltd are among the other losers in the BSE's 'A' group today, ...

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Image courtesy of "Business Standard"

Biz split impact: Godrej stocks rally up to 9%; Godrej Properties ... (Business Standard)

Shares of Godrej Group companies rallied up to 9 per cent in Thursday's trading session after the Group announced a split in the 127-year old family ...

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