GRM Overseas Limited has officially confirmed its Extraordinary General Meeting (EGM) scheduled for May 02, 2026, at 12:30 PM IST through Video Conferencing and Other Audio-Visual Means. The company formally communicated the EGM notice to stock exchanges on April 09, 2026, following the board meeting held on April 07, 2026, which approved key corporate governance matters.

EGM Schedule and Voting Arrangements

The company has finalized comprehensive arrangements for the upcoming EGM, with detailed timelines for shareholder participation and voting procedures.

Special Business Resolutions

The EGM will address two critical special business items requiring shareholder approval through special resolutions.

MOA Alteration for Business Expansion

The first resolution seeks approval for alteration of the Object Clause in the company's Memorandum of Association to include three new business verticals:

These additions will be incorporated as sub-clauses 3, 4, and 5 after the existing sub-clauses 1 and 2 of Clause III (A) Main Objects of the company's MOA.

Independent Director Re-appointment

The second resolution proposes re-appointment of Mrs. Nidhi (DIN: 09270573) as Independent Director for a second consecutive term.

Regulatory Compliance and Documentation

The company has ensured full compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. On April 11, 2026, GRM Overseas Limited published newspaper advertisements in Financial Express (English) and Jansatta (Hindi) pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015.

Shareholder Participation Guidelines

The company has established comprehensive procedures for shareholder participation in the EGM through digital platforms.

The EGM notice was formally dispatched to shareholders via email on April 09, 2026, with registered email addresses. Company Secretary and Compliance Officer Sachin Narang (M. No. 65535) digitally signed all official communications, confirming adherence to regulatory requirements. The notice includes detailed instructions for e-voting procedures, technical support contacts, and guidelines for corporate shareholders requiring board resolutions for authorized representatives.

Strategic Business Rationale

According to the explanatory statement, the proposed MOA alterations are primarily enabling in nature, designed to provide the Board with necessary agility to enter high-growth 'Sunrise Sectors' aligned with global technological and environmental shifts. The company emphasizes that no specific investment commitments have been finalized, with the amendments intended to position the company for future opportunities in green energy, advanced material sciences, and electronic manufacturing sectors.

GRM Overseas Limited has disclosed the acquisition of 1,48,493 equity shares by promoter Mrs. Mamta Garg through open market purchase on March 24, 2026. The disclosure was made in compliance with Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition involved 1,48,493 equity shares of face value Rs. 2/- each, representing 0.07% of the total share capital. The transaction was executed through open market purchase on March 24, 2026.

Shareholding Pattern Changes

The acquisition has resulted in changes to the promoter group's shareholding in GRM Overseas Limited. The promoter group includes Atul Garg, Mamta Garg, Hukam Chand Garg, and Mr. Nipun Jain (Director).

Company Capital Structure

GRM Overseas Limited's equity share capital remains unchanged following this transaction. The company's total equity share capital stands at Rs. 41,44,20,000, divided into 20,72,10,000 equity shares of face value Rs. 2/- each.

Regulatory Compliance

The disclosure was filed by Mamta Garg, who serves as Promoter and Executive Director of the company with DIN: 05110727. The filing was made to both Bombay Stock Exchange (Scrip Code: 531449) and National Stock Exchange of India Limited (Symbol: GRMOVER) on March 25, 2026.

The acquisition represents a routine promoter transaction that marginally increases the promoter group's stake in the company while maintaining their majority control position.