In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, GRM Overseas has informed that the GRM Overseas (the Company) has announced a strategic investment in Swmabhan Commerce, acquiring a 44% equity stake through primary infusion and secondary buyouts. Swmabhan Commerce owns Rage Coffee, a rapidly growing digital-first FMCG brand that has captured a significant share of India’s booming coffee market. It has attached Press Release in this regards. The above information is also available on website of the company www.grmrice.com
The above information is a part of company’s filings submitted to BSE.