GODREJ ENTERPRISES GROUP
Adi-Nadir group buys out 12.5% in Godrej Industries from Rishad Naoroji
The Godrej family announced a settlement—according to which the Adi-Nadir and Jamshyd-Smita families would buy out each other’s stakes for zero consideration in each other’s companies. While the Adi and Nadir Godrej faction now known as Godrej Industries Group (GIG) controls Godrej Industries , Godrej Properties and Godrej Consumer Products, the Jamshyd Godrej family now Godrej Enterprises Group (GEG) controls unlisted Godrej and Boyce Mfg .
Jamshyd Godrej, sister planning family council; Crishna & daughters plan family office too
The families of Jamshyd N Godrej and Smita V Crishna are establishing a family council following a business realignment in April. The Crishna branch will also establish a family office, headed by Nyrika, who is executive director at Godrej & Boyce. The conglomerate was split into two groups, the Godrej Enterprises Group (GEG) and the Godrej Industries Group (GIG).
CCI approves Godrej family settlement proposals
The Competition Commission of India (CCI) has approved the restructuring of the Godrej group, involving a realignment of interests, legal ownership, and management among family branches. This restructuring, based on a family settlement agreement from April 30, will affect entities including Godrej Industries, Godrej Consumer Products, Godrej Properties, and others within the GILAC and G&B Groups.
Moving beyond Airbus & Boeing: What will it take for India to make its own commercial airliner?
India is already a growing sourcing hub for the global defence and aerospace industry. With government help, this ecosystem can, in time, be developed to support the development of a commercial plane. That is how we made our space programme, experts point out.
Properties worth Rs 1.17 lk cr sold by 18 listed realty firms in FY24; Godrej properties at top
Major real estate developers in India, including Godrej Properties, Prestige Estates Projects, and DLF, achieved significant sales bookings in the last fiscal year driven by strong demand for residential properties, especially luxury homes.
Godrej & Boyce sells 58,500 sq ft office space in Mumbai’s Vikhroli to Godrej Industries
The office space on the 9th floor has already been leased to managed flexible workspace provider Simpliwork Offices for a period of 60 months until March 31, 2026. This lease will also be transferred to Godrej industries as the new landlord, showed the documents accessed through Propstack.
Godrej split: Tanya Dubash to lead brand mgmt of Godrej Industries, Nyrika Holkar that of Godrej Enterprises
Tanya Dubash, executive director of Godrej Industries, will oversee brand management for Godrej Industries Group (GIG), including Godrej Industries, Godrej Consumer Products, and Godrej Properties. Nyrika Holkar, also an executive director, will lead Godrej Enterprises Group (GEG), comprising Godrej & Boyce and affiliates. The formal split, signed last month, divides the conglomerate into two branches, each managing its brand independently.
Non-compete agreement: Godrej vs Godrej a no-no even in realty business
Godrej Properties, which is part of GIG, will have the right to use the brand for real estate development. GEG entity Godrej & Boyce will use the brand for any development on land parcels it owned on January 1 and it will not undertake any development outside of those holdings.
Godrej Properties to market realty projects developed by Godrej & Boyce for management fees
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.
How team player Nyrika Holkar made her way to the top in Godrej Enterprises Group
Nyrika Holkar leads Godrej & Boyce, set for a key role in succession planning. Her expertise in law and sustainable development drives innovation. She navigates the family business with a strategic vision and collaborative approach.
Godrej Industries, Godrej Properties share decline up to 7% after conglomerate's split
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 -- Godrej Enterprises and Godrej Industries. The conglomerate operates across aerospace, aviation, defence, and liquid engines among others.
Godrej Split: Godrej & Boyce to hold exclusive construction right over Godrej land bank
The former will lead Godrej Industries Group, comprising listed companies, including Godrej Industries Ltd, Godrej Consumer Products Ltd, Godrej Properties Ltd, Godrej Agrovet Ltd and Astec Lifesciences Ltd. 75-year-old Jamshyd Godrej will lead Godrej Enterprises, which comprises Godrej & Boyce Manufacturing Co. with presence in many sectors like aerospace, aviation, defence, energy, construction, IT and software while his niece Nyrika Holkar will be the executive director.
Swadeshi to ahimsa, locks to rockets: How Godrej won the nation's trust
Godrej Group Split: The Godrej family, known for their diverse range of businesses, is splitting their business in an exceptionally amicable manner, showcasing trust among themselves. From innovative locks to vegetable oil soaps, the brand has a rich heritage rooted in innovation and trust. Their journey from locks to satellites mirrors India's progress.
What the split in Godrej conglomerate will mean for stakeholders & brand? Legal eagles explain
Supreme Court lawyaer HP Ranina says: The split is in the interest of the Godrej family as well as the stakeholders and if it is carried on in the right spirit, which I am sure it will be, then certainly everybody will stand to gain. Crawford Bayley's Sanjay Asher says he is sure that under the circumstances they have aligned it in a manner that no future disputes arise.
Godrej family seals terms of division; Nyrika Holkar, Pirojsha Godrej emerge key next generation leaders
As per the arrangement that was uploaded on stock exchanges, Jamshyd Godrej, along with his niece Nyrika Holkar and their families, will now oversee the Godrej Enterprises Group (GEG), encompassing Godrej & Boyce and its affiliates spanning various industries. This development marks a significant change in control within the organisation.
Godrej family split: Adi, brother to keep listed firms; cousin Jamshyd to get unlisted cos, land bank
As per the arrangement that was uploaded on stock exchanges, Jamshyd Godrej, along with his niece Nyrika Holkar and their families, will now oversee the Godrej Enterprises Group (GEG), encompassing Godrej & Boyce and its affiliates spanning various industries. This development marks a significant change in control within the organisation.
Q4 results this week: Adani group to lead as 211 companies will declare earnings
With 211 companies announcing quarterly results this week, investors are particularly watching out for major names like Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, and many others across various industries.
PSUs to continue decadal rally, buy every dip; top 5 power and realty stocks to bet on: CA Rudramurthy BV
CA Rudramurthy BV predicts Nifty to rise to 23,000-23,200 and Bank Nifty to 50,000 in April. He recommends buying on dips, especially emphasizing opportunities in public sector enterprises, power stocks, and specific companies in the real estate sector. He further says: " Trent is a buy on every dip or at any price and hold it in your portfolio."
India Inc, here's a case for making room for women
A study published in Harvard Business Review in 2006 had recommended three or more women directors to drive change. According to researchers Alison M Konrad and Vicki W Kramer, solo women on boards feel isolated and marginalised. Adding a second helps reduce isolation but the two may be perceived as a separate group and could find they have to be careful not to appear to be conspiring. A clear shift occurs when boards have three or more women. At that critical mass, women tend to be regarded by other members not as 'female directors' but simply as fellow directors.
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