Small-cap FMCG inventory GRM Abroad inched slightly larger in Thursday’s buying and selling session after introduced its March quarter outcomes and transformed 13,52,000 warrants into fairness shares on preferential foundation.
At 2:00pm, GRM Abroad share value touched an intraday excessive to ₹297.95 apiece, in opposition to earlier shut at ₹295.15 on Wednesday.
The FMCG inventory has carried out exceptionally properly in final one yr, virtually doubling buyers wealth. GRM Abroad share delivered multibagger returns by hovering over 115.37 per cent in a yr. In the meantime, the inventory has ascended 48.27 per cent when it comes to year-to-date.
GRM Abroad This autumn outcomes 2025
The FMCG firm posted 51 per cent rise in its web revenue quarter to quarter (QoQ) to ₹20.47 crore for the quarter ending on March 31, 2025 from ₹13.54 crore within the December quarter FY25.
Whereas, the web revenue declined 3.2 per cent on year-to-year foundation from ₹21.16 crore in the identical interval a yr in the past.
Income from operations additionally fell over by 28 per cent YoY to ₹291 crore in March 2025, as in comparison with ₹406 crore final yr.
Alternatively, whole bills for the March 2025 quarter additionally declined to ₹267.5 crore.
Conversion of warrants to shares
In an alternate submitting, the corporate additional knowledgeable that the board has accepted the conversion of 13,52,000 warrants into fairness shares on preferential foundation, price ₹15,21,00,000.
“Accepted the conversion of 13,52,000 (13 Lakhs Fifty Two Thousand) convertible warrants into 13,52,000 (13 Lakhs Fifty Two Thousand) fairness shares of face worth of Rs.2/- every, on preferential foundation, upon receipt of an quantity aggregating to Rs. 15,21,00,000/- (Rupees Fifteen Crores Twenty One Lakhs solely) on the fee of Rs. 112.5 (Rupees One Hundred Twelve and Paisa Fifty Solely) per warrant,” GRM Abroad stated within the submitting.
It additional added, “Consequent to this conversion of warrants/allotment of Fairness Shares, 77,18,000 warrants stay pending for conversion and these warrant holders are entitled to get their warrants transformed into equal variety of Fairness Shares of the Firm by paying remaining 75% i.e., Rs. 112.5 per warrant inside 18 months from the date of warrant allotment.”
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