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.

GRM Overseas Limited has announced a key board appointment at its unlisted subsidiary, GRM Foodkraft Private Limited. The company informed stock exchanges about the appointment of Mrs. Nidhi as Additional Director in the category of Non-Executive Independent Women Director, effective March 14, 2026.

Board Appointment Details

The Board of Directors of GRM Foodkraft Private Limited approved the appointment during their meeting held on March 14, 2026, in compliance with Regulation 24 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profile and Qualifications

Mrs. Nidhi brings strong academic credentials and professional experience to the board. She is a Science Graduate from Rohilkhand University, Bareilly, with specialization in Botany and Chemistry. Additionally, she holds a Post Graduate degree in Chemistry from the same university.

The company highlighted that Mrs. Nidhi possesses diverse knowledge and experience in business administration and management. Her professional experience and independent perspective are expected to provide valuable guidance to the Board and contribute towards strengthening the corporate governance practices of the company.

Regulatory Compliance

The appointment fulfills regulatory requirements and enhances board diversity. According to the disclosure, Mrs. Nidhi is not debarred from holding the office of Director by virtue of any MCA/SEBI order or order of any other authorities, ensuring compliance with regulatory standards.

The company has confirmed that there are no relationships between Mrs. Nidhi and other directors of the company. This appointment represents GRM Overseas Limited's commitment to strengthening governance structures across its subsidiary operations and ensuring compliance with regulatory requirements for board composition.