The 127-year-old Godrej family has recently announced the conglomerate split. Paving the way for two different companies- Godrej Enterprises and Godrej Industries.
As announced by both sides of the family, the realignment of the Godrej group, which was decided in 1987, has been carried out respectfully and mindfully to maintain harmony. The ownership alignment has been based on the different visions entertained by different family members.
According to the realignment, Godrej Enterprising Group will be under the ownership of 75-year-old Jamshyd Godrej which will be joined by his niece Nyrika Holkar, who will serve as the executive director of the company.
GEG’s comprising of Godrej & Boyce, and its subsidiaries, enjoys presence across multiple industries- which includes aerospace, aviation, defense, engines and motors, energy, security, building materials, construction, green building consulting, EPC services, intralogistics, healthcare equipment, durables, furniture, interior design, architectural fittings, IT, software and infrastructure solutions.
Meanwhile the Godrej Industries group (GIG), will be now led by 73-year-old Nadir Godrej which consists of various notable companies- Godrej Industries, Godrej Consumer Products, Godrej Properties, Godrej Agrovet and Astec Lifesciences. Further, GIG will now be supported by his brother Adi Godrej and immediate families.
Which will be assumed by his successor Pirojsha Godrej-who is the son of Adi Godrej in August 2026.
This restructuring will now deal with pending regulatory approvals with both the companies retaining Godrej brand.
Through this strategic split, it is expected to maximize on the strategic direction, focus, agility and will create a long-term value for its shareholders and all other stakeholders.