How Godrej family will split its over a century-old business empire | India News - Times of India
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The two branches of the family - Smita Godrej Crishna and Jamshyd Godrej to the left and Adi Godrej and Nadir Godrej to the right - have reached a settlement to divide the locks-to-land development group. The market capitalisation of the listed companies is in excess of Rs 2.4 lakh crore The Godrej family is all set to divide its 127-year-old Rs 59,000-crore ($7 billion) business empire , allowing the fourth generation of the clan to assume leadership roles. settlement to formally split their business verticals as diverse as engineering, appliances, security solutions, agricultural products, real estate and consumer products.
The two branches of the family - Godrej Industries Group led by Adi Godrej and his brother Nadir, and Godrej & Boyce involving Jamshyd Godrej and Smita Godrej Crishna - have reached a