GRM Overseas to hold 32nd AGM on Sep 29, 2026, for financial year 2025-26
GRM Overseas Limited will hold its 32nd AGM on September 29, 2026, to adopt FY26 financial statements and re-appoint a director. Members will vote on related party transactions for FY28, including up to ₹600 crore with GRM Foodkraft and ₹750 crore with Eros Agro & Farms. The company also seeks approval to reallocate ₹30 crore from its preferential issue funds.
The AGM agenda includes approval for significant related party transactions and a variation in the utilization of preferential issue funds, which could have a material impact on the company's financial operations and structure.
The announcement is a routine procedural update regarding the AGM and related party transaction approvals, with no significant positive or negative financial or operational news.
GRM Overseas Limited has announced that its 32nd Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 12:30 P.M. through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting will cover the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Additionally, the AGM will address the re-appointment of Mr. Hukam Chand Garg as a Non-Executive Director.
The agenda also includes seeking member approval for material related party transactions for the Financial Year 2027-28 with GRM Foodkraft Private Limited (up to ₹600 crore), GRM International Holdings Limited, UK (up to ₹35 crore), GRM Fine Foods INC., USA (up to ₹10 crore), Eros Agro & Farms Private Limited (up to ₹750 crore), and Swmabhan Commerce Private Limited (up to ₹100 crore).
Furthermore, the company will seek approval to vary the utilization of funds from a preferential issue amounting to ₹136.05 crore. The unutilized portion of ₹30 crore originally earmarked for investment in a subsidiary will be reallocated to working capital requirements and general corporate purposes. The meeting will also facilitate remote e-voting, which will commence on Saturday, September 26, 2026, at 09:00 A.M. (IST) and conclude on Monday, September 28, 2026, at 05:00 P.M. (IST). The cut-off date for determining eligibility for remote e-voting is Tuesday, September 22, 2026.
A plain-language summary of a public exchange filing by GRM Overseas Limited. Read the original for the full detail.
