Godrej Split: Decoding the Godrej family tree, who gets what
ET Online |
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127-year-old business splits
The founding family of the 127-year-old Godrej Group, which deals in locks to soaps to aerospace to real estate, has reached an agreement to split the conglomerate, as per a joint announcement. On Tuesday, the Godrej family announced an ownership realignment of their shareholdings in the Godrej Companies. The realignment in the conglomerate, incorporated back 1897, has been arrived at in a "respectful and mindful" way to maintain harmony and to better align ownership in acknowledgement of the differing visions of the Godrej family members, both sides of the family said in a statement.
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Godrej family: Founders and thereafter
Founded by Ardeshir Godrej and his brother Pirojsha Burjorji Godrej in 1897, the Godrej Group has over the decades become a household name in India. The business started as a lock and key company. Since Ardeshir Godrej died childless, Pirojsha Godrej's sons Burjor, Sohrab, Dosa and Naval succeeded him.
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Third generation
Pirojsha's sons, other than Sohrab, had children who took over the business. Here are their names:
Burjor's children: Adi, Nadir
Dosa's children: Rishad
Naval's children: Jamshyd, Smita
Burjor's children: Adi, Nadir
Dosa's children: Rishad
Naval's children: Jamshyd, Smita
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The new members
Rishad is childless. Here are the names of the latest leaders of the Godrej family
Adi's children: Tanya, Nisaba, Pirojsha
Nadir's children: Sohrab, Burjis, Hormazd
Jamshyd's children: Raika, Navroze
Smita's children: Freyan, Nyrika
Adi's children: Tanya, Nisaba, Pirojsha
Nadir's children: Sohrab, Burjis, Hormazd
Jamshyd's children: Raika, Navroze
Smita's children: Freyan, Nyrika
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Godrej split: Who gets what?
Godrej Enterprises Group (GEG) comprises of Godrej & Boyce (G&B) and its affiliates will now be controlled by Jamshyd Godrej, Chairperson and Managing Director, Nyrika Holkar, Executive Director, and their immediate families. Godrej Industries Group (GIG), which includes the listed companies, Godrej Industries, Godrej Consumer Products, Godrej Properties, Godrej Agrovet and Astec Lifesciences will have Nadir Godrej as Chairperson and will be controlled by Adi Godrej, Nadir Godrej, and their immediate families. Pirojsha Godrej will be the Executive Vice Chairperson of GIG and will succeed Nadir Godrej as the Chairperson in August 2026, the statement said.