InvestorQ : Why and how is the Godrej business planning to split up its various businesses?
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Why and how is the Godrej business planning to split up its various businesses?

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Rashi Mehra answered.
2 months ago
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As of now all that we know is that the $4.1 billion Godrej Group is headed for a split. The business encompasses soaps, home appliances, steel products, agri products, chemicals and real estate; among others. This is the 124th year of Godrej in India. While Adi Godrej heads the group, his brother Nadir Godrej heads Godrej Industries and Godrej Agrovet. Their cousin Jamshyd N Godrej is chairman of Godrej & Boyce Manufacturing Company.

Broadly, the largely scale division will have Adi and Nadir Godrej on one side and Jamshyd and his sister Smita Godrej Crishna on the other side. The Godrej has reportedly consulted with high profile names like Uday Kotak, Nimesh Kampani as well as legal experts like Zia Mody and Cyril Shroff. The group has listed and unlisted entities under its umbrella in diverse industries.

Currently, Adi and Nadir Godrej run listed entities like Godrej Consumer Products, Godrej Agrovet, Godrej Properties and Godrej Industries Ltd. Godrej & Boyce, which is an unlisted company, comes under Jamshyd Godrej. Now the next generation is taking over the reins of the business and they obviously want the lines of ownership to be clearly demarcated. The Gen Next is keen on clarity on ownership and responsibility issues.
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