Mumbai (Maharashtra) [India], February 27: GRM Overseas Limited, a leading FMCG company specializing in rice and food products, has announced the acquisition of GRM Arabia FZCO, a newly incorporated entity registered under the Dubai Multi Commodities Centre Authority. Following the transaction, GRM Arabia FZCO has become a 100% wholly owned subsidiary of the company, reinforcing its international growth roadmap.
The strategic acquisition is aimed at establishing a dedicated distribution and marketing hub in the United Arab Emirates (UAE) to strengthen the company's presence across the Middle East and nearby global markets. The subsidiary will focus on trading, importing, exporting, and distributing rice, food grains, and related food products, enabling faster market access, improved logistics efficiency, and deeper regional penetration.
The transaction was completed through a cash consideration of AED 50,000, representing full ownership of the entity. As the subsidiary has been recently incorporated and is yet to commence operations, it currently has no turnover or profit history. The company clarified that the acquisition does not fall under related-party transactions and requires no additional regulatory approvals.
This strategic move aligns with GRM Overseas' long-term vision of expanding its global footprint and enhancing its supply chain capabilities to better serve international customers. By establishing a base in the UAE — a key global trade hub — the company aims to accelerate exports and strengthen brand visibility in high-growth international markets.
About GRM Overseas Limited
GRM Overseas Limited is an India-based FMCG company engaged in processing and exporting premium rice and food products to multiple international markets, with a growing focus on branded consumer offerings and global expansion.
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