The 127-year-old diversified Godrej Group on Wednesday announced a formal division into two separate groups – one controlled by brothers Adi Godjej and Nadir and the other by their cousins Jamshyd God
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The $4.1 billion Godrej Group, spanning from soaps and home appliances to real estate, is headed for a split between the brothers, sources aware of the matter said.
The group is looking for a complete large-scale division between two groups one led by Adi and Nadir, and the other by Jamshyd and his sister Smitha Godrej Crishna.
The Godrej Group is presently under the leadership of industrialist Adi Godrej, who is its Chairman. His brother Nadir Godrej is the Chairman of Godrej Industries as well as Godrej Agrovet.