GRM Overseas Limited, a prominent player in the rice industry, witnessed significant changes in its promoter shareholding on September 25, 2025. Two key promoters of the company executed substantial share sales through open market transactions, resulting in a slight reduction of their stakes in the firm.

Promoter Share Sales

Mrs. Mamta Garg and Mr. Atul Garg, both part of the promoter group of GRM Overseas Limited, sold a combined total of 16,25,000 equity shares with a face value of Rs. 2 each. The transactions were carried out via open market or block deals on the stock exchanges.

Breakdown of Transactions

Impact on Promoter Shareholding

The sales have resulted in a marginal decrease in the promoters' overall stake in the company. However, the promoter group, which includes Mr. Hukam Chand Garg along with Mrs. Mamta Garg and Mr. Atul Garg, continues to hold a substantial majority of the company's shares.

Company Details

GRM Overseas Limited's equity share capital remains unchanged at Rs. 12,27,04,000. The company's shares are listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the company has duly filed the required disclosures with the stock exchanges. These disclosures provide detailed information about the share sales, including the number of shares sold, the resulting changes in shareholding percentages, and the mode of sale.

The promoters' decision to sell a portion of their holdings may be of interest to investors and market analysts, as it could potentially impact the stock's trading patterns in the short term. However, despite the sale, the promoter group maintains a significant controlling interest in GRM Overseas Limited.

GRM Overseas Limited, a leading FMCG packaged food company, has marked a significant milestone in its growth journey by inaugurating a new corporate office in Gurugram. The state-of-the-art facility, located at Plot No. 82, 3rd Floor, Sector-44, Gurugram, is set to become the nerve center for the company's product development, sales, marketing, and client engagement activities.

Strategic Move to Foster Collaboration

The new office represents more than just a change of address for GRM Overseas. By bringing together key functions under one roof, the company aims to foster stronger collaboration, enhance efficiency, and accelerate talent development. This strategic move is designed to support GRM's expanding portfolio of new-age brands in the packaged food category.

Empowering Teams and Serving Consumers

Mr. Atul Garg, Managing Director of GRM Overseas, emphasized the significance of this development, stating, "Gurugram offers the perfect ecosystem for our continued expansion and innovation. This move represents more than just a change of address. It is a bold step forward in our mission to empower our teams and serve our consumers better."

Enhancing Operational Synergy

The new corporate office brings together several critical departments:

• Product Development
• Sales & Marketing
• MARCOM (Marketing Communications)
• Client Engagement

This consolidation is expected to create a dynamic environment that will further strengthen GRM's position as a trusted partner in the industry.

About GRM Overseas Limited

GRM Overseas has come a long way since its inception in 1974. Initially established as a rice processing and trading house, the company has evolved into a prominent consumer staples organization. GRM has expanded its reach to 42 countries, securing its position among the top 5 rice exporters in India.

The company operates three rice processing units with a combined annual production capacity of 440,800 MT, located in:

• Panipat, Haryana
• Naultha, Haryana
• Gandhidham, Gujarat

GRM also boasts a 1.75 lakh sq. ft. warehousing facility adjacent to its Gandhidham plant, facilitating efficient shipments from Kandla and Mundra ports.

GRM Overseas markets its products under its own brands, including "10X", "Himalaya River", and "Tanoush", while also engaging in private label arrangements under customers' brands. In recent years, the company has focused on reaching consumers directly by ensuring its high-quality products are available on the shelves of major retailers in India and abroad.

As GRM Overseas continues to expand and innovate, the new Gurugram office is poised to play a crucial role in driving the company's future growth and strengthening its market position in the competitive FMCG sector.