Nyrika Holkar has the additional task of leading a refrigerator-to-aerospace behemoth from the front.
Holkar, executive director and future managing director candidate at Godrej & Boyce (G&B), fronted the succession settlement with her legal team along with Pirojsha Godrej from the Adi Godrej side of the family. Nyrika is understood to have been quietly working on the plan for the last five years, officials close to the matter said.
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That shouldn’t have been a difficult task for a “consensus builder,” as many who have worked with her remember her. “Nyrika is a good listener. That shows while bringing people together on projects. It’s also a very new generation style within the organisation,” according to a company executive who didn’t want to be named.
As per the succession plan, Godrej Enterprises Group (GEG) comprising G&B and its affiliates with presence in sectors such as aerospace, aviation, defence, engines and motors, energy, security, building materials, construction, and durables will be controlled by Jamshyd Godrej, chief managing director, Nyrika Holkar, ED, and their immediate families. Nyrika, 42, is the daughter of Jamshyd’s sister, Smita Godrej. She is married to Yeshwant Rao Holkar,