The move puts a fourth-generation leader at the top of the listed group as Godrej executes a succession plan first laid out in the family settlement of 2024 and reshuffles leadership across Godrej Industries, Godrej Agrovet and Astec LifeSciences.
TCS, Infosys, Wipro and L&T suspend or defer travel to West Asia, while exporters and shipping authorities warn of broader fallout.
The delay signals that continuity at the top of one of India’s largest conglomerate will hinge on alignment between trustees and management over risk and structural priorities.
A shrinking succession pipeline and faster business cycles are pushing boards to prize transformation experience over tenure.
The sudden exit of CEO Varun Berry sent Britannia shares lower on Tuesday, with incoming chief Rakshit Hargave set to take over on 15 December as the firm broadens its packaged foods focus.
