GRM Overseas Limited has acquired Dubai-based GRM Arabia FZCO, strengthening its international expansion plans and establishing a dedicated base in the Middle East.
In a statement issued on Thursday, the India-based FMCG company said GRM Arabia FZCO, registered under the Dubai Multi Commodities Centre Authority, will now operate as its 100% wholly owned subsidiary.
The company said the acquisition is part of its strategy to set up a distribution and marketing hub in the United Arab Emirates (UAE), enabling stronger access to Middle East markets and nearby regions. The subsidiary will undertake trading, importing, exporting and distribution of rice, food grains and related food products.
According to the company, the move is expected to improve logistics efficiency, ensure faster market access and deepen regional penetration.
The transaction was completed for a cash consideration of AED 50,000, giving GRM Overseas full ownership of the newly incorporated entity. The company clarified that since the subsidiary has not yet commenced operations, it has no turnover or profit history.
It also stated that the acquisition does not qualify as a related-party transaction and does not require any additional regulatory approvals.
The company said the step aligns with its long-term goal of expanding its global footprint and strengthening supply chain capabilities to better serve international customers. By setting up operations in the UAE — a major global trade hub — GRM Overseas aims to accelerate exports and enhance brand visibility in high-growth overseas markets.
GRM Overseas Limited is engaged in processing and exporting premium rice and food products from India to multiple international destinations, while also expanding its presence in branded consumer segments.
