GRM Overseas has informed that the company has sold more than 3 Percent stake in GRM Foodkraft, a material subsidiary of the company to Sauce.vc (‘Sauce’), a Consumer-Focused Venture Capital Fund. In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 it has enclosed the attached press release in this regard. The above information is also available on the website of company at www.grmrice.com.
The above information is a part of company’s filings submitted to BSE.