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GRM Overseas acquires manufacturing facility in Gujarat

15 May 2019 Evaluate

GRM Overseas has acquired a manufacturing facility at Gandhidham, Kutch, Gujarat. This acquisition is in line with GRM’s strategic plan to expand capacity and develop a warehouse closer to the Mundra port to augment exports. GRM has also purchased an adjoining plot of land admeasuring 16,500 square meter.

GRM Overseas engaged in the business of processing and sale of almond kernels, paddy, clove, pista, rice, and wheat. The company markets their products under the brand name Kamdhenu and Chef and exports basmati rice to Saudi Arabia, Europe and other countries.

Peers
Company Name CMP
Nestle India 1265.00
Varun Beverages 430.00
Britannia Industries 4780.00
LT Foods 417.30
Hatsun Agro Product 1163.90
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