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Adi Godrej to step down as Godrej Industries chairman

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Adi Godrej has determined to step down as chairman and from the board of administrators of Godrej Industries Ltd (GIL), the flagship of the Godrej group.
Nadir Godrej, who’s at the moment managing director (MD) of GIL and brother of Adi Godrej, will take over as chairman and MD of the agency, GIL mentioned in a submitting. Adi Godrej will proceed to function chairman of Godrej group and chairman emeritus of GIL.
“I look forward to Nadir and our team achieving our exciting aspirations,” he mentioned.
GIL on Friday reported a 101 per cent progress in its consolidated internet revenue at Rs 139 crore for Q1FY22 as towards a internet revenue of Rs 69 crore within the year-ago quarter.