According to an announcement on March 6th, GRM Overseas Limited disclosed that one of its promoters has bought additional shares in the company. Following the announcement, GRM Overseas Ltd (GRMOVER) ended the trading session on March 6, 2026, at Rs 157.60 on the NSE, dropping 3.24% from the previous close of Rs 162.88. The stock showed considerable volatility during the day, peaking at Rs 161.70 and falling to Rs 152.79.

According to the filing, Atul Garg, a promoter and managing director of GRM Overseas Limited, acquired 1,00,000 equity shares of the company on March 5, 2026. The shares have a face value of Rs 2 each. The transaction was reported by the promoter group under the SEBI takeover regulations, which require promoters and significant shareholders to disclose purchases or sales of shares beyond certain thresholds.
In order to create a distribution and marketing centre in the United Arab Emirates, GRM Overseas recently acquired GRM ARABIA FZCO in Dubai on February 27, 2026. Whereas on 26 December 2025, the company allotted 12.27 crore fully paid-up bonus equity shares in a 2:1 ratio.
GRM Overseas Ltd (GRMOVER) ended the trading session on March 6, 2026, at Rs 157.60 on the NSE. This was a 3.24% drop from the close of Rs 162.88 the day before. The stock showed considerable volatility during the day, peaking at Rs 161.70 and falling to Rs 152.79. The market value of the firm is around Rs 3,311.43 crore.
With a one-year return of around 80%, the stock has demonstrated remarkable growth in terms of long-term performance. Although it is still behind the 52-week high of Rs 185.45, it is now trading much higher than its 52-week low of Rs 75.74. The share price has gone up by almost 31% in the past six months.
From around Rs 770 crore in FY2021 to approximately Rs 1,347 crore in FY2025, the company's consolidated revenue increased dramatically, demonstrating robust demand. According to Screener, the firm generated sales of around Rs 1,463 crore on a trailing twelve-month (TTM) basis. The most recent TTM net profit is around Rs 73 crore. Net profit rose from Rs 45 crore in FY2021 to nearly Rs 61 crore in FY2025. The total amount of money held by shareholders rose from around Rs 135 crore in FY2021 to approximately Rs 426 crore in FY2025.
GRM Overseas Limited, the third-largest producer and exporter of premium Basmati rice in India, was founded in 1974 and is headquartered in Panipat. It sells products under brands including 10X, Tanoush, and Himalaya River and operates in more than 42 countries.
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