GRM Overseas promoter confirms no encumbrance on shares for FY26

0 min read     Updated on 30 Jun 2026, 12:53 AM
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Promoter Hukam Chand Garg declared no encumbrance on equity shares of GRM Overseas Limited for the financial year 2025-2026. The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Promoter Hukam Chand Garg declared that no encumbrance was created on the equity shares of grm overseas during the financial year 2025-2026. The disclosure, submitted on April 07, 2026, confirms that the promoter has not pledged or charged any shares directly or indirectly.

The declaration was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on their holdings to ensure transparency for shareholders.

The communication was addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of the National Stock Exchange of India Limited. The BSE scrip code for the company is 531449, while the NSE scrip code is GRMOVER.

Entity Role Details
Hukam Chand Garg Promoter No encumbrance declared
GRM Overseas Limited Company Subject of disclosure
SEBI Regulator Regulation 31(4) compliance

Historical Stock Returns for GRM Overseas

1 Day5 Days1 Month6 Months1 Year5 Years
-2.31%-3.31%-43.69%-46.99%-25.45%-43.03%

How might the absence of share pledging influence investor confidence and GRM Overseas' stock liquidity in the upcoming quarter?

Does this clean holding status position the promoter to raise capital for future acquisitions or business expansion?

How does GRM Overseas' zero-encumbrance status compare to the industry average for promoter pledging in this sector?

GRM Overseas promoter Mamta Garg acquires 1.5 lakh shares

1 min read     Updated on 29 Jun 2026, 04:13 PM
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Mamta Garg, Promoter and Executive Director of GRM Overseas, acquired 1,50,000 equity shares via open market transactions on June 24, 2026. The purchase increased the promoter group's total holding to 63.10% of the company's paid-up share capital.

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Mamta Garg, Promoter and Executive Director of grm overseas , acquired 1,50,000 equity shares on June 24, 2026, increasing the promoter group's stake in the company. The transaction was conducted through the open market, raising the group's total holding to 63.10% of the paid-up share capital.

The disclosure was made to the stock exchanges in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares purchased carry a face value of ₹2 each.

Shareholding Details

The acquisition details outline the shift in ownership percentages following the transaction. The promoter group, which includes Atul Garg, Mamta Garg, and Hukam Chand Garg, along with Persons Acting in Concert (PAC) such as Nipun Jain, now holds a majority stake in the entity.

Description Number of Shares % of Share Capital
Holding before acquisition 13,06,02,272 63.03
Shares acquired 1,50,000 0.07
Holding after acquisition 13,07,52,272 63.10

Transaction and Capital Structure

The equity shares of GRM Overseas Limited are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE). The company's total paid-up equity share capital remains at ₹41,44,20,000, divided into 20,72,10,000 equity shares of ₹2 each. There were no changes to the company's diluted share capital or encumbrance details as a result of this transaction.

Historical Stock Returns for GRM Overseas

1 Day5 Days1 Month6 Months1 Year5 Years
-2.31%-3.31%-43.69%-46.99%-25.45%-43.03%

Does this acquisition signal a potential delisting offer given the promoter group's high majority stake?

Will the company utilize the increased promoter confidence to announce any strategic expansions or capital expenditures soon?

How might the market interpret this move in terms of the company's future earnings outlook and dividend policy?

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