GRM Overseas gains 0.53% after acquisition of GRM Arabia FZCO

GRM Overseas Ltd shares gained 0.53% following the acquisition of GRM Arabia FZCO as a 100% Wholly Owned Subsidiary. The ₹2,900 crore market cap company executed the FMCG sector deal via AED 50,000 cash consideration. This strategic UAE hub aims to streamline trading and distribution of rice and food products across international markets.