Adi Godrej To Step Down As Godrej Industries’ Chairman; Nadir Godrej To Take Over

Veteran industrialist Adi Godrej will step down as chairman as well as from the board of directors of Godrej Industries Ltd, passing on the baton to his younger brother Nadir Godrej, effective October 1, according to a company statement. The 79-year-old industrialist will continue to serve as chairman of the Godrej Group and chairman emeritus of GIL, said the statement. ‘Nadir Godrej, who is currently managing director of GIL, will take over as chairman and managing director of the company,’ it added. GIL is a holding company of the Godrej…

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