GRM Overseas Share Price Gains Over 2%; Promoter Mamta Garg Acquires 99,546 Shares

Mamta Garg, a promoter and executive director of GRM Overseas Limited, has acquired 99,546 equity shares of the company.  

This acquisition was made on June 17, 2026, and has been duly reported to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in compliance with SEBI regulations. 

Details of the Acquisition 

The acquisition involved 99,546 equity shares, each with a face value of ₹2.  

This transaction was conducted in the open market, as per the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.  

Prior to this acquisition, the promoter group held 13,05,02,726 shares, representing 62.98% of the total shareholding. 

Shareholding Post-Acquisition  

Following the acquisition, the total shareholding of Mamta Garg and the persons acting in concert (PACs) increased to 13,06,02,272 shares, which constitutes 63.03% of the total voting capital of GRM Overseas Limited.  

The company's equity share capital remains unchanged at ₹41,44,20,000, divided into 20,72,10,000 equity shares of ₹2 each. 

Regulatory Compliance 

The acquisition was reported to the relevant stock exchanges, ensuring compliance with the regulatory framework. The disclosure was made to both the BSE and NSE, where the shares of GRM Overseas Limited are listed. The report was filed by Mamta Garg on June 18, 2026, as part of the necessary compliance measures. 

Read More: Nykaa Targets USD 5 Billion+ GMV by FY30, Eyes Strong Growth Across Beauty and Fashion! 

GRM Overseas Share Price Performance 

As of June 19, 2026, at 10:55 AM, GRM Overseas share price on NSE was trading at ₹95.85, up by 2.77% from the previous closing price. 

Conclusion 

Mamta Garg's acquisition of 99,546 shares in GRM Overseas Limited increases her and the promoter group's stake to 63.03%. The transaction was conducted in the open market and reported in compliance with SEBI regulations. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.