Godrej Enterprises regroups 14 businesses into three clusters, rules out IPO plans

Mumbai: The 19,000-crore Godrej Enterprises Group (GEG) has reorganised its 14 business verticals into three clustersconsumer-first, nation-first and future-firstaimed at driving scale, focus and agility, chairman Jamshyd Godrej said. The restructuring follows the formal division of the Godrej family business in April 2024 into Godrej Industries Group, led by Adi and Nadir Godrej, and GEG, headed by Jamshyd Godrej and executive director Nyrika Holkar.