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GODREJINDNSEGodrej Industries Limited· DiversifiedHighNegative
Announced Mon, 13 Apr, 2026 · 17:42 IST

Nadir Godrej to retire as CMD; Pirojsha and Burjis Godrej to take over

Ceo ResignedKmp ResignedPromoter Family Board EntryManagement Changes View source PDFExplain this filing

GODREJIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.0%Reaction day
₹888.00
prior close
₹915.00
announcement price
After-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+2.2%-0.2% vs market
Diversified peers, median of 11sector+2.7%-0.7% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Midcap 150 and 0.7 pts less than its Diversified peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.7
10m
+0.4
15m
+0.8
30m
+0.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.0+2.2-0.2+2.7-0.7
Next day
+3.7+2.8+0.8+2.1+1.6
2d
+4.1+4.1+0.0+5.0-0.8
3d
+3.5+4.0-0.5+2.5+1.0
4d
+4.7+4.6+0.2+5.1-0.3
5d
+6.1+4.8+1.3+4.1+2.0
1w
+11.6+3.3+8.3+5.0+6.6
15d
+38.2+7.7+30.5+7.9+30.3
1m
+27.3+5.1+22.2+3.1+24.2
2m
+20.7+6.6+14.0+4.1+16.5
3m
+55.4+9.3+46.1+3.8+51.6
UpDownMarket · Nifty Midcap 150Sector · Diversified peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.