June 19, 2024
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Combination approval enables intra-group realignment of ownership and management under a family settlement agreement.
CCI approved a proposed intra-group combination implementing realignment of interests, legal ownership and management across Godrej group entities pursuant to a Family Settlement Agreement among the family branches. The combination encompasses two clusters: the GILAC Group Entities (including Godrej Industries, Godrej Consumer Products, Godrej Properties, Godrej Agrovet, Godrej Seeds & Genetics, Innovia Multiventures, Astec Lifesciences and Anamudi Real Estates LLP) and the G&B Group Entities (including Godrej & Boyce, Godrej Holdings, Godrej Infotech and RKN Enterprises).