Correct Answer : Option (B) - Nadir Godrej
Godrej Industries Limited (GIL) announced on Friday that Adi Godrej will step down as Chairman as well as from the board. He will continue to serve as Chairman of the Godrej Group and Chairman Emeritus of GIL.
Nadir Godrej who is currently serving as the Managing Director will take over as Chairman and Managing Director of the company. The changes to the board will be effective from October 01, 2021.
“It has been a privilege to serve Godrej Industries for over four decades, during which we have delivered strong results and transformed our company. I am grateful to our Board for their support and guidance; to all our team members whose passion, commitment and hard work has driven our success; and to all our customers, business partners, shareholders, investors, and communities, for their continued partnership. I am very confident that our best years are ahead of us, and I look forward to Nadir and our team achieving our exciting aspirations,” said Adi Godrej.