GRM Overseas Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

GRM Overseas has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue from operations of Rs 326.78 Cr and a net profit of Rs 19.09 Cr for the quarter. A key strategic move approved is the formation of a wholly-owned subsidiary, GRM Global FZE, in the UAE. This new entity will act as a distribution and marketing hub for rice and food products in the UAE and nearby international markets, with a proposed authorized capital of 500,000 AED. Additionally, 1,352,000 share warrants were converted into equity shares during the quarter.