Announced Mon, 13 Apr · 17:42 IST
Nadir Godrej to retire as CMD; Pirojsha and Burjis Godrej to take over
GODREJIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹888.00
prior close
₹915.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.4+0.8+0.3+3.7+4.1+3.5+4.7+6.1+11.6+38.2+27.3+20.7+55.4
Up moveDown movePending
AI summary
Mr. Nadir Godrej will retire as Chairman and Managing Director of Godrej Industries effective August 13, 2026, upon turning 75. He will become Chairman Emeritus from August 14. Mr. Pirojsha Godrej (Adi Godrej's son) will take over as Chairperson, and Mr. Burjis Godrej (Nadir's son) will join the board as Additional Director. Both are part of the Promoter Group.
Likely market impact
Smooth promoter-family succession with next-gen Godrejs assuming key leadership roles, ensuring continuity of family control.