Godrej News: Godrej Group finally broke up, know who will get what?

The disinvestment of the 127-year-old Godrej Group, which is counted among the oldest business groups in the country, has now been finalized. Ardashir Godrej founded this group in the year 1897. The current market value of Godrej Group is estimated at $4.1 billion. Now the Godrej family has sealed the split of the group. The group's other companies will be divided between Adi Godrej, Nadir Godrej, Jamshed Godrej and Smita Godrej.

Adi and Nadir Godrej likely to get listed companies

According to the information, under this distribution, Adi Godrej and Nadir Godrej will get majority stake in the listed companies. At the same time, control of Godrej & Boyce may go to Jamshed Godrej and Smita Godrej. According to the report, this section will soon be finalized and announced publicly. Major decisions related to royalties, brand usage and land use can also be made in this department. It is believed that the responsibility of unlisted companies and land bank development of the group can be given to Jamshed Godrej and Smita Godrej. At present Godrej Group has maintained silence on this.

Jamshed and Smita Godrej's shares may go to Godrej & Boyce.

There are 5 companies listed in Godrej Group. These include Godrej Consumer Products Limited, Godrej Properties, Godrej Industries, Godrej Agrovet and Astec Lifesciences. These companies can go to Adi Godrej and Nadir Godrej. Godrej & Boyce is a private company. According to the company's website, the trust holds about 23 percent stake in Godrej Group, which spends money on environment, health and education sectors.

Godrej Group's business is extensive

Godrej Group's business spans across engineering, home appliances, security, agriculture, real estate and consumer products sectors. Godrej Industries Limited, formed in 1897, holds 64.89 percent stake in Godrej Agrovet, 23.74 percent stake in Godrej Consumer Products and 47.34 percent stake in Godrej Properties. Godrej is the largest company of the Consumer Products Group. Its market cap on April 30 was Rs 1.26 lakh crore.