GRM Overseas Unveils New Corporate Office in Gurugram, Bolstering Growth Strategy

2 min read     Updated on 25 Sept 2025, 11:02 AM
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Suketu GalaScanX News Team
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Overview

GRM Overseas Limited, a leading FMCG packaged food company, has opened a new corporate office in Gurugram. The facility will serve as the center for product development, sales, marketing, and client engagement activities. The move aims to enhance collaboration, efficiency, and talent development, supporting GRM's expanding portfolio of packaged food brands. The office consolidates key departments including Product Development, Sales & Marketing, MARCOM, and Client Engagement. GRM Overseas, established in 1974, has grown from a rice processing company to a consumer staples organization with operations in 42 countries and three rice processing units with a combined annual production capacity of 440,800 MT.

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*this image is generated using AI for illustrative purposes only.

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.

Historical Stock Returns for GRM Overseas

1 Day5 Days1 Month6 Months1 Year5 Years
-2.76%+2.08%-4.05%+34.75%+42.81%-23.90%
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GRM Overseas to Consider Bonus Share Issuance in Upcoming Board Meeting

1 min read     Updated on 13 Aug 2025, 10:09 AM
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Ashish ThakurScanX News Team
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Overview

GRM Overseas Limited has scheduled a board meeting for August 20, 2025, to discuss and potentially approve the issuance of bonus shares. The meeting will take place at the company's Corporate Office in Haryana. The trading window for the company's securities will be closed from August 13 to August 22, 2025, for designated persons. In its recent Q1 FY26 results, GRM Overseas reported consolidated revenue of ₹326.78 crore, net profit of ₹19.09 crore, and EBITDA of ₹31.60 crore with a 9.50% margin.

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*this image is generated using AI for illustrative purposes only.

GRM Overseas Limited, a prominent player in the rice processing and export industry, has announced a significant development for its shareholders. The company has scheduled a board meeting for August 20, 2025, to discuss and potentially approve the issuance of bonus shares.

Key Highlights

  • The board meeting is set for August 20, 2025, at the company's Corporate Office and Works in Village Naultha, Tehsil Israna, Panipat, Haryana.
  • The primary agenda is to consider and approve a proposal for issuing bonus shares, subject to prerequisite approvals.
  • In light of this development, the trading window for dealing in the company's securities will remain closed for all designated persons from August 13, 2025, to August 22, 2025 (both days inclusive).

Implications for Shareholders

Bonus shares, if approved, would be additional shares given to existing shareholders without any cost, based on their current shareholding. This move is often seen as a way to reward shareholders and increase the liquidity of the stock in the market.

Recent Financial Performance

While the company prepares to discuss the bonus share issuance, it's worth noting GRM Overseas' recent financial performance:

  • For Q1 FY26 (quarter ended June 30, 2025), the company reported:
    • Consolidated revenue from operations: ₹326.78 crore
    • Net profit: ₹19.09 crore
    • EBITDA: ₹31.60 crore with a margin of 9.50%

Company Background

GRM Overseas has established itself as a significant player in the rice industry, with a presence in over 42 countries. The company has been focusing on both international markets and expanding its domestic presence through its '10X' brand of consumer products.

Investors and shareholders are advised to keep an eye on further announcements from the company regarding the outcome of the August 20 board meeting. The potential issuance of bonus shares, if approved, could have a positive impact on shareholder value and stock liquidity.

Note: All financial figures are based on the company's latest quarterly results as reported in the provided data.

Historical Stock Returns for GRM Overseas

1 Day5 Days1 Month6 Months1 Year5 Years
-2.76%+2.08%-4.05%+34.75%+42.81%-23.90%
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