The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mamta Garg
GRMOVER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Atul Garg, Managing Director and promoter of GRM Overseas Ltd, purchased 50,000 equity shares (face value Rs. 2) from Mrs. Mamta Garg (also promoter group) on December 10, 2025 through an open market/inter-se transfer. Post-acquisition, Atul Garg's holding in the company rose to 4,30,91,984 shares, representing 70.23% of total share capital and 62.39% of diluted share capital, up from 70.15% and 62.32% respectively. The transaction is a reallocation within the promoter family rather than a change in overall promoter ownership. No change in the company's total equity share capital (Rs. 12.27 crore) resulted from this transaction.
This is a minor internal reshuffle among promoters with no material change in total promoter holding or company fundamentals. Shareholders are unlikely to see any meaningful impact on stock price or governance from this transaction.