Adi, Nadir To Keep Listed Firms; Jamshyd, Smita Get Unlisted Cos, Land Bank

The founding family of 127-year-old Godrej Group, which spans from soaps, and home appliances to real estate, has decided to split the conglomerate, with Adi Godrej and his brother Nadir keeping Godrej Industries that has five listed firms, while cousins Jamshyd and Smita getting unlisted Godrej & Boyce and its affiliates as well as a land bank, including prime property in Mumbai. Godrej Enterprises Group, comprising Godrej & Boyce and its affiliates that have a presence across multiple industries spanning aerospace and aviation to defence, furniture and IT software, will be controlled by Jamshyd Godrej as chairperson and managing director. Godrej Industries Group, 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, Nadir and their immediate families. Pirojsha Godrej, 42, son of Adi Godrej, will succeed Nadir as the chairperson of Godrej Industries Group in August 2026 as its executive vice chairperson.