The Godrej family announces a change of ownership, the group splits into two

Under the up-to-date structure, Godrej Enterprises Group will now be controlled by Jamshyd Godrej, chairman and managing director. | Photo credit: Special Arrangement

Overdue Tuesday evening, the Godrej family announced the change of ownership of its shares in Godrej companies. The unification will be implemented after obtaining the appropriate approvals from regulatory authorities.

Under the up-to-date structure, Godrej Enterprises Group (GEG) will now be controlled by Jamshyd Godrej, chairman and managing director, his niece [sister’s daughter] Nyrika Holkar, Executive Director and their immediate families.

The group consists of Godrej & Boyce (G&B) and its affiliates, which have a presence in a wide range of industries including aerospace, aerospace, defense, engines, energy, security, building materials, construction, green building consulting , EPC services, intralogistics, healthcare Hardware, tough goods, furniture, interior design, architectural equipment, IT, software and infrastructure solutions.

With Jamshyd Godrej, his niece Nyrika Holkar [sister’s daughter] he will also take over as the Executive Director of Godrej Enterprises Group. | Photo credit: Special Arrangement

The second group, known as Godrej Industries Group (GIG), will have Nadir Godrej as chairman and will be controlled by his elder brother Adi Godrej, Nadir Godrej and their immediate families.

Pirojsha Godrej, son of Adi Godrej, will be the executive vice-chairman of GIG and will succeed Nadir Godrej as chairman in August 2026.

This group includes listed companies: Godrej Industries, Godrej Consumer Products, Godrej Properties, Godrej Agrovet and Astec Lifesciences.

Commenting on future prospects, Jamshyd Godrej said, “Since 1897, Godrej & Boyce has always been guided by the powerful purpose of nation building

“Through this forward-looking family agreement, we can continue to pursue our growth aspirations with less complexity and focus on leveraging our core strengths in high-tech engineering and design-led innovation across our powerful portfolio of strategic, consumer and emerging enterprises,” he said.

Nadir Godrej in a statement said, “Godrej was founded in 1897 to facilitate build India’s economic independence. This deep purpose of innovating for a cause – the values ​​of trust and respect and the belief in trusteeship and making the communities in which companies operate stronger and better – continue to be the foundation of who we are 125 years later. We look forward to continuing this legacy with focus and agility.”

Both the Groups will continue to apply the Godrej brand.