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.

GRM Overseas Limited has disclosed the acquisition of 1,00,000 equity shares by promoter Atul Garg through an open market purchase on March 05, 2026. The transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition involved 1,00,000 equity shares of face value Rs. 2/- each, representing 0.05% of the company's total share capital. The shares were purchased through open market transactions on March 05, 2026.

Shareholding Pattern Changes

Following this acquisition, the promoter group's shareholding has increased marginally. The promoter group and persons acting in concert now hold a total of 12,94,65,952 equity shares, representing 62.48% of the company's total share capital.

Promoter Group Composition

The promoter group and persons acting in concert include:

• Atul Garg (Acquirer and Managing Director)
• Mamta Garg (Promoter)
• Hukam Chand Garg (Promoter)
• Nipun Jain (Director)

Atul Garg serves as the Managing Director of the company with DIN: 02380612.

Company Share Capital Structure

GRM Overseas Limited's equity share capital remains unchanged at Rs. 41,44,20,000, divided into 20,72,10,000 equity shares of face value Rs. 2/- each. The company's shares are listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE).

Regulatory Compliance

The disclosure was made in compliance with SEBI (SAST) Regulations, 2011, and was communicated to both stock exchanges where the company's shares are listed. The transaction does not trigger any mandatory open offer requirements as the increase in shareholding is minimal.