GRM Overseas promoters lift stake to 62.98% with 4.5 lakh share open-market buy
Atul Garg and PACs added 4.50 lakh shares (0.22%) of GRM Overseas via open market, taking promoter holding to 62.98%. The basmati-led FMCG firm posted Q4FY26 revenue of Rs 597 cr, up 105% YoY, with net profit at Rs 21.61 cr, though EBITDA softened to Rs 30 cr. M-cap stands at Rs 1,859 cr.
What happened
GRM Overseas promoter group, including Atul Garg and PACs, bought 4.50 lakh shares (0.22%) via open market, lifting holding to 62.98%. FMCG company posted
Key facts
- 4.50 lakh shares
- 0.22% stake
- 62.98% promoter holding
- Rs 1859.71 cr m-cap
- Q4 net profit Rs 21.61 cr (+5.51%)
- Q4 revenue Rs 597.20 cr (+104.94%)
- EBITDA Rs 30 cr
Why this matters
Rising promoter concentration narrows the float and reduces near-term openness to strategic equity partnerships, so any inbound should be framed as operating or distribution tie-ups rather than stake deals.