2 weeks ago
6
- Home
- Latest News
- News
- Markets
- Premium
- Money
- Mutual Fund
- Industry
- Companies
- Technology
- Web Stories
- In Charts
- Opinion
- Videos
Copyright © HT Digital Streams Limited
All Rights Reserved.
1 min read 02 May 2024, 09:23 AM IST Trade Now
Godrej Group stocks including Godrej Industries, Godrej Consumer Products and Godrej Agrovet, gained implicit 1-5% successful aboriginal commercialized connected Thursday aft the Godrej household reached an statement to divided the conglomerate into 2 branches.
PremiumGodrej Group stocks including Godrej Industries, Godrej Consumer Products and Godrej Agrovet, gained implicit 1-5% successful aboriginal commercialized connected Thursday aft the Godrej household reached an statement to divided the conglomerate into 2 branches.
According to the Family Settlement Agreement issued connected the banal exchanges by the company, Adi Godrej and member Nadir Godrej volition support the listed entities portion relative Jamshyd receives the power of unlisted companies and the onshore bank.
The shareholdings of household members volition beryllium realigned crossed companies to bespeak their inherited businesses. Both groups volition proceed to usage the Godrej brand. The statement besides addresses issues of Royalty, Brand Usage and Land Bank development.
The institution said that the regulatory approvals for realigning the shareholding are awaited.
(To beryllium updated)
Unlock a satellite of Benefits! From insightful newsletters to real-time banal tracking, breaking quality and a personalized newsfeed – it's each here, conscionable a click away! Login Now!
Catch each the Business News, Market News, Breaking News Events and Latest News Updates connected Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 02 May 2024, 09:23 AM IST
Next Story
English (US)