GRM Overseas Limited held a board meeting on April 07, 2026, at its corporate office in Village Naultha, Tehsil Israna, Panipat, approving several key corporate governance matters under Regulation 30 of SEBI regulations. The meeting, which commenced at 02:00 PM and concluded at 02:46 PM, addressed strategic business expansion and leadership continuity through formal board resolutions.

Board Approvals and Strategic Decisions

The board of directors approved and recommended a special resolution for alteration of the Object Clause of the company's Memorandum of Association (MOA). This strategic move aims to expand the company's business scope beyond its traditional operations into high-growth technology sectors.

Expansion into New Business Verticals

The proposed MOA alterations include three significant additions to the company's main objects as outlined in Annexure-A of the board meeting outcome:

• Sustainable Energy Solutions: To engage in the business of sustainable energy solutions and related infrastructure, including the generation and distribution of power from non-conventional and emerging sources
• Advanced Materials Manufacturing: To undertake manufacturing, processing, and development of specialized advanced materials, high-performance alloys, and strategic industrial components for use in high-growth technology sectors
• Precision Electronics: To design, develop, and trade in precision electronic hardware and systems for industrial, automotive, and consumer applications

These additions will be incorporated after the existing sub-clauses 1 and 2 of Clause III (A) Main Objects of the company's Memorandum of Association.

Independent Director Re-appointment Details

The board approved the re-appointment of Mrs. Nidhi (DIN: 09270573) as Independent Director for a second term of 5 years effective August 12, 2026, subject to shareholder approval. Her current term expires on August 11, 2026.

Mrs. Nidhi holds a Science Graduate degree from Rohilkhand University, Bareilly, with specialization in Botany and Chemistry, and a Post Graduate degree in Chemistry from the same university. She possesses rich experience in business, particularly in the export of handicraft and handloom products. The board confirmed that she has not been debarred from holding the office of director by virtue of any order of SEBI or any such authority and is not related to any other Director or Key Managerial Personnel of the Company.

Extraordinary General Meeting Arrangements

The board approved the draft notice for an Extraordinary General Meeting scheduled for Saturday, May 02, 2026, to be conducted through Video Conferencing and Other Audio-Visual Means. The EGM will seek shareholder approval for the MOA alterations and director re-appointment.

Shareholders holding shares as of the close of business hours on April 25, 2026, will be entitled to participate in remote e-voting and voting at the EGM. The company has appointed M/s. Devesh Arora & Associates, Practicing Company Secretaries, as scrutinizer to ensure fair and transparent e-voting processes.

Regulatory Compliance and Communication

The board meeting outcome was formally communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary and Compliance Officer Sachin Narang (M. No. 65535) digitally signed the official communication on April 07, 2026, confirming adherence to all regulatory requirements.

The EGM notice will be made available on the company's website at www.grmrice.com and on the respective stock exchange websites at www.bseindia.com and www.nseindia.com . All disclosures follow the requirements pursuant to SEBI Master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

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.