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What caused Godrej Family split and division of 4.1 Billion dollars Business of the Group, know below:

Godrej group gets split.

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By chaitanya jain
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What caused Godrej Family split and division of 4.1 Billion dollars Business of the  Group, know below:

Godrej Group is one of the most trusted groups with years of experience and popularity in India but it is getting split finally between it's brothers and sisters.

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The group is looking for a complete large-scale division between two groups -- one led by Adi and Nadir, and the other by Jamshyd and his sister Smitha Godrej Crishna.

Every Family no matter where you go have problems and faces issues. No matter where you go you will face problems and nothing in this life is permanent and certain . The only thing which is certain in life is that life itself is uncertain.

The uncertain thing which has happened now is that the Godrej Group which has served the country from so many years is now being divided into many groups and it will no longer be united .

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At present, the group is led by veteran industrialist Adi Godrej (79), who is its chairman. His brother Nadir Godrej is the chairman of Godrej Industries as well as Godrej Agrovet.

Their cousin Jamshyd N Godrej is the chairman of Godrej & Boyce Manufacturing Company Ltd, which is also the flagship firm of the conglomerate, one of India's oldest business houses.

The Joint Statement by the Family said "The Godrej family has been working on a long-term strategic plan for the group for the last few years to ensure best value for its shareholders."

They have also said that, "As part of this exercise, we have also sought advice from external partners. These discussions between the family remain ongoing."

Hope everything goes well for the family and their business continues for the upcoming decades.

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