MoneyWorks4Me

GRM Overseas’ arm enters into MoU with Reliance Retail

11 May 2021 Evaluate

GRM Overseas’ subsidiary -- GRM Foodkraft has entered into a Memorandum of Understanding (MoU) with Reliance Retail (JioMart) to place its Products in Reliance Stores. GRM Products will be available in 45 Distribution Centers of Reliance Retail (JioMart) across the country, under B2B category.

GRM’s association with Reliance Retail (JioMart) under B2B category is a testament to Company’s strong customer relationship as well as effective marketing capabilities in domestic as well as export market. Further, GRM strive towards more wins like these with top grocery retailers / chains in the domestic and international markets in future.

GRM Overseas is presently engaged in the business of processing and sale of rice.

Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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