Godrej family begins formal division of century-old conglomerate
Image Credit: inventiva
The prominent Godrej family has reportedly begun the formal division of their extensive empire, with a focus on imminent divestments. Adi and Nadir Godrej are said to be preparing to divest their stakes in Godrej & Boyce (G&B), transferring them to another family branch. Simultaneously, Jamshyd Godrej and his sister Smita Godrej Crishna plan to shift their interests in Godrej Consumer Products (GCPL) and Godrej Properties through a family arrangement.