27 Sep 2025 | 5 Mins Read

Madhu Kela family increases stake in smallcap stock that rose 80% in 2025

Flipitmoney

Nikhil Vora and the Madhu Kela family increased their stakes in GRM Overseas, a smallcap packaged food company, amid its 80% surge in 2025. Promoters sold a 2.65% stake for over Rs 58 crore, while high-profile investors like Vora, Singularity Ventures, RG Family Trust, and Jakson Group purchased the shares. GRM Overseas has doubled its packaged food revenue to Rs 539 crore in FY25.