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Searched Tag: godrej shares
Shares of most Godrej group companies surged 2-8 percent on May 2 after the founding family reached an agreement to split the 127-year-old conglomerate into two branches.

Godrej group stocks trade mixed after conglomerate’s split

May 2, 2024, 01:22 PM - 2 min read

Shares of Godrej group’s listed companies displayed a mixed trend in trading on Thursday following the announcement of a split within the conglomerate, as the founding family reached a settlement to divide the business into two branches.

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127-year-old Godrej empire splits: An inside look at the family realignment

127-year-old Godrej empire splits: An inside look at the family realignment

May 1, 2024, 08:49 AM - 2 min read

The group has been split between two branches of the founding family, with Adi Godrej (82) and his brother Nadir (73) on one side and their cousins Jamshyd Godrej (75) and Smita Godrej Crishna (74) on the other, a statement by the group said.

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