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GRM Overseas gets nod to form wholly owned subsidiary in UAE

13 Aug 2025 Evaluate

GRM Overseas has received approval for the formation of wholly owned subsidiary (WOS) of the company in United Arab Emirates (UAE) by name GRM Global FZE or any other name as may be approved by the regulatory authorities in the UAE, to serve as a distribution and marketing hub for catering to customers in the UAE and nearby international markets, including trading, importing, exporting, and distribution of rice, food grains, and related food products. The Board of Directors of the company at their meeting held on August 12, 2025 has approved the same. 

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


Peers
Company Name CMP
Nestle India 1353.15
Varun Beverages 432.00
Britannia Industries 4930.00
LT Foods 424.20
Hatsun Agro Product 1136.45
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