Godrej Industries leadership shuffle: Nadir Godrej to retire; Pirojsha Godrej to succeed

Nadir Godrej will step down from the boards of Godrej Industries Limited, Godrej Agrovet, Godrej Consumer Products, and Godrej Properties at that time. He has also stepped down as Chairperson and Non-Executive Director of Astec Life Sciences, effective April 13, 2026, the company said in a statement.

He will, however, assume the chairperson role at Emeritus.

Pirojsha Godrej will continue to serve as Chairperson of Godrej Properties, Godrej Capital, and Godrej Ventures. He is also the Chairperson Designate of the Godrej Industries Group.

He has led Godrej Properties through a phase of rapid growth, during which it emerged as India’s largest real estate developer by sales in FY21, a position it continues to hold. He also founded Godrej Capital and Godrej Ventures.

Commenting on the transition, Nadir Godrej, Chairperson, Godrej Industries Group, said, “It has been a privilege to serve the Godrej Industries Group over several decades and to work alongside exceptional colleagues who have built this institution with integrity and purpose. I am confident that the group will continue to grow from strength to strength under the next generation of leadership, while remaining deeply anchored in its values.”

Further, Burjis Godrej will take on the role of Chairperson of Godrej Agrovet and will join the Board of Godrej Industries Limited as a non-executive director, effective August 14, 2026. He has stepped down as managing director of Astec Life Sciences with immediate effect and will continue to serve on its board as a non-executive director.

Burjis Godrej has been an Executive Director of Godrej Agrovet since 2022. In his role, he has focused on evaluating new products, technologies, business models, geographies, and capital allocation opportunities, the company statement said. He previously served as managing director of Astec LifeSciences (2025–2026) and as COO of the crop care business of Godrej Agrovet (2023–2024).

Vishal Sharma, CEO of Godrej Chemicals, has been appointed Chairperson of Astec LifeSciences with immediate effect. Arijit Mukherjee, currently COO of Astec LifeSciences, will be appointed Executive Director.

Godrej Industries share price

On Monday, shares of Godrej Industries closed at ₹888.75 apiece on the National Stock Exchange, falling 0.37%.

Over the past five trading sessions, the stock has increased 4.5%, while it has slumped 15% in the last six months. From the beginning of the year, Godrej Industries' shares have tumbled 14%.

The company has a total market capitalisation of ₹29,908.27 crore, according to NSE data.

Shares of the firm had hit a 52-week high of ₹1,390 on June 6, 2025, and a 52-week low of ₹744.20 on March 30, 2026.

About the Group

Godrej Industries Group serves over 1.1 billion consumers globally through a diverse portfolio of businesses anchored in a values-led approach. The group reported revenues of $6.1 billion in FY25 and had a market capitalisation of around $20 billion as of March 31, 2026, with operations spanning FMCG, real estate, financial services, agriculture, and chemicals.

It is a leading player in India across multiple categories, including residential real estate, animal feed, crude palm oil, oleochemicals, household insecticides, hair colour, and air care.