
GRM Overseas Limited filed a Regulation 30 disclosure on February 26, 2026 announcing the purchase of GRM Arabia FZCO, a newly incorporated firm in the Dubai Multi Commodities Centre.
The transaction results in GRM Overseas holding 100% of the share capital of GRM Arabia. Cash consideration of AED 50,000 was paid, making the target a wholly owned subsidiary. No shares were issued in exchange.
GRM Arabia is registered as a Fast Moving Consumer Goods entity but has not yet begun operations, therefore turnover and net profit are not applicable. The purchase does not involve related parties and was executed at arm’s length.
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The acquisition aims to establish a distribution and marketing hub in the United Arab Emirates. The hub will support trading, importing, exporting and distribution of rice, food grains and related food products to customers in the UAE and neighbouring international markets.
The full details were submitted to the Bombay Stock Exchange and the National Stock Exchange under SEBI Listing Obligations and Disclosure Requirements. Annexure A, attached to the filing, outlines the target’s profile, the cash consideration, and the absence of any required governmental approvals.
As of February 27, 2026, at 9:26 AM, GRM Overseas share price on NSE was trading at ₹160.25 down by 0.47% from the previous closing price.
GRM Overseas Limited’s acquisition of GRM Arabia for AED 50,000 creates a UAE based platform for grain distribution, expands the company’s geographic footprint and aligns with its growth strategy.
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.
Published on: Feb 27, 2026, 11:44 AM IST

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