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Indian entrepreneur and investor Ronnie Screwvala has hailed Godrej family succession plan revealed after conglomerate split into two groups. Pirojsha Godrej to chair Godrej Industries Group in 2026. Nyrika Holkar to lead Godrej Enterprises Group.
News and developments from the week gone by, through numbers and charts.
The restructuring of the 127-year Godrej Group will divide the conglomerate into two- its listed entities under Godrej Industries and unlisted business under Godrej Enterprises.
In family settlement cases, non-complete agreements are a standard practice, in India as elsewhere. For the Godrejs, the non-compete period started on April 30.