Madhusudhan Kela holds 6,90,000 shares: FMCG stock-GRM Overseas Ltd to mull BONUS SHARES on November 13
DSIJ Intelligence-1 / 07 Nov 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending
The stock gave multibagger returns of 1,925 per cent in 5 years and a whopping 10,000 per cent over a decade.
On Friday, the shares of GRM Overseas Ltd gained 0.60 per cent to Rs 445.75 per share from its previous closing of Rs 443.25 per share. The stock’s 52-week high is Rs 446.55 per share while its 52-week low is Rs 175.95 per share. The company has a market cap of over Rs 2,600 crore. Madhusudhan Kela's family company, Singularity Equity Fund I, led by veteran investor Madhu Kela and his son Yash Kela, purchased 6,90,000 shares.
The Board of Directors of GRM Overseas Limited is scheduled to hold a meeting on Thursday, November 13, 2025, at the company's Corporate Office in Panipat, Haryana. The key items on the agenda are to consider and approve the unaudited Standalone and Consolidated Financial Results for the quarter and half-year that ended on September 30, 2025. Additionally, the Board will also consider a proposal for the declaration and recommendation of bonus Equity Shares, which would be subject to receiving all necessary approvals. The Board will also transact any other business permitted by the Chairman and consented to by the majority of the Directors.
About the Company
Since its start in 1974 as a rice processing and trading house, GRM has evolved into a major consumer staples organisation and one of India's top five rice exporters. The company initially focused on the Middle East and the United Kingdom but has since expanded its market to 42 countries. With three processing units in Haryana and Gujarat, GRM has an annual production capacity of 440,800 MT and a large warehousing facility near the ports of Kandla and Mundra. The company sells its products under brands like "10X," "Himalaya River," and "Tanoush," as well as through private labels, and has recently focused on direct-to-consumer sales through major retailers both in India and abroad, while maintaining strict quality control.
According to Quarterly Results, the company reported net sales of Rs 334.4 crore and net profit of Rs 19.1 crore in Q1FY26 compared to net sales of Rs 375.3 crore and net profit of Rs 18 crore in Q1FY25. In its annual results, the net sales increased by 2.2 per cent to Rs 1,374.2 crore and net profit increased by 1 per cent to Rs 61.24 crore in FY25 compared to FY24.
The shares of the company have an ROE of 16 per cent and an ROCE of 14 per cent with 3 years ROE track record of 20 per cent. The stock gave multibagger returns of 1,925 per cent in 5 years and a whopping 10,000 per cent over a decade.
Disclaimer: The article is for informational purposes only and not investment advice.