New Delhi, Feb. 26 -- Multibagger stock GRM Overseas is likely to be in focus on Friday, 27 February 2026, after the company shared an update on the acquisition of a UAE-based FMCG brand.

In an exchange filing submitted post-market hours on Thursday, 26 February, GRM Overseas said it has completed the acquisition of GRM ARABIA FZCO, which is now a wholly owned subsidiary of the company.

"GRM Overseas Limited ("the Company") has acquired GRM ARABIA FZCO, a company registered with the Company Regulations of the Dubai Multi Commodities Centre Authority, and it becomes a 100% Wholly Owned Subsidiary ("WOS") of the Company," the filing read.

The company acquired 100% share capital in cash consideration totalling up to AED 50,000. Additional...