Godrej family splits 127-year-old conglomerate
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The influential Godrej family has announced a significant restructuring of their shareholding within the group. The new arrangement, revealed to stock exchanges, positions Jamshyd Godrej and his niece Nyrika Holkar at the helm of the Godrej Enterprises Group (GEG). This group includes Godrej & Boyce and its various industry affiliates, marking a substantial shift in control.