GRM Overseas Shares Rise in Focus as Promoter Atul Garg Buys 1.5 Lakh Shares via Open Market
Shares of GRM Overseas Limited may remain in focus after promoter and Managing Director Atul Garg increased his stake in the company through...
Shares of GRM Overseas Limited may remain in focus after promoter and Managing Director Atul Garg increased his stake in the company through an open market purchase, signaling continued confidence in the company’s prospects.
According to a regulatory filing submitted to the stock exchanges, Atul Garg acquired 1,50,000 equity shares of GRM Overseas on June 8, 2026, through an open market transaction. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Prior to the acquisition, Atul Garg and persons acting in concert (PACs) held 12,96,14,445 equity shares, representing a 62.55% stake in the company. Following the purchase of 1.5 lakh shares, the combined holding increased to 12,97,64,445 equity shares, translating into a 62.62% stake.
