GRM Overseas promoter buys 1.5 lakh shares as stock cracks 8% on margin squeeze
Atul Garg lifted promoter group stake via open-market purchase of 1,50,000 shares in rice exporter GRM Overseas. Q4FY26 revenue doubled to ₹597 cr but EBITDA margin halved to 5% from 11.2%, sending the stock down 8.3% to ₹90.30. FY26 revenue rose 31% to ₹1,769 cr; net profit up 21% to ₹74.34 cr.
FMCG and rice exporter GRM Overseas saw promoter Atul Garg buy 1.5 lakh shares via open market, lifting promoter group stake. Q4FY26 revenue doubled to ₹597 cr but EBITDA margin halved to 5%; stock fell 8% to ₹90.