Who is Atul Garg and what is his stake in GRM Overseas?

Atul Garg is a promoter of GRM Overseas and recently increased his stake to 22% by acquiring additional shares.

What is GRM Overseas' bonus share announcement?

GRM Overseas announced a bonus share issue in a 2:1 ratio, meaning shareholders will receive two bonus shares for every one they hold.

How did GRM Overseas perform financially?

GRM Overseas reported a 61% year-on-year increase in consolidated net profit, reaching ₹14.76 crore in the recent quarter.

Home / Business and Economy / Promoter Boosts GRM Overseas Stake Amidst Bonus Buzz

Promoter Boosts GRM Overseas Stake Amidst Bonus Buzz

11 Dec

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Summary

Promoter Atul Garg acquired an additional 0.08% stake in GRM Overseas.
The company announced a bonus share issue in a 2:1 ratio.
GRM Overseas' net profit surged 61% year-on-year to ₹14.76 crore.

Promoter Boosts GRM Overseas Stake Amidst Bonus Buzz

Atul Garg, a promoter of GRM Overseas, has further bolstered his investment by acquiring an additional 0.08% stake, equivalent to 50,000 shares, through open-market transactions on December 10, 2025. This strategic acquisition by Garg, who now holds a 22% stake, underscores promoter confidence in the agricultural sector company. The move comes as GRM Overseas also declared a generous bonus share issue in a 2:1 ratio, offering two fully paid-up equity shares for every one held.

GRM Overseas demonstrated robust financial performance, reporting a consolidated net profit surge of 61% year-on-year to ₹14.76 crore for the quarter ending September 2025, compared to ₹9.19 crore in the prior year. This impressive growth highlights the company's strong operational efficiency and market position within the FMCG sector.