• The Competition Commission of India (CCI) has given approval for the restructuring of the Godrej Group, which involves a realignment of ownership, legal interests, and management control among different family branches.
• This restructuring aims to streamline the shareholding structure and create clarity in governance among the Godrej family members.
• The Godrej Group, one of India's leading conglomerates, operates across various sectors, including consumer goods, real estate, appliances, and chemicals.