Adi Godrej to quit as chairman of Godrej Industries on October 1

Godrej said the company's "best years are ahead" and looks forward to Nadir and his team achieving exciting aspirations

Adi Godrej will step down as chairman of Godrej Industries (GIL), the holding company of the Godrej group, on October 1 and his younger brother Nadir Godrej, GIL’s current managing director, will replace him.

Adi Godrej, 79, will also step down from GIL’s board but will continue to serve as the chairman of the Godrej group and GIL as chairman emeritus. “It was a privilege to serve the GIL for over four decades, during which it had delivered strong results and transformed the company,” he said.

Godrej said the company’s “best years are ahead” and looks forward to Nadir and his team