GRM Overseas Allots 12.27 Crore Bonus Shares in 2:1 Ratio
GRM Overseas Limited announced the allotment of 12,27,04,000 fully paid-up Bonus Equity Shares on December 26, 2025. The allotment was made in the ratio of 2:1, meaning 2 new equity shares of face val...
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Why is GRM Overseas Limited in the news today?
GRM Overseas Limited (GRMOVER) is in the news due to the allotment of bonus shares is generally viewed positively by shareholders as it increases their holdings without additional investment.
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GRM Overseas Allots 12.27 Crore Bonus Shares in 2:1 Ratio
December 26, 2025, 04:53 AM
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GRM Overseas Limited announced the allotment of 12,27,04,000 fully paid-up Bonus Equity Shares on December 26, 2025. The allotment was made in the ratio of 2:1, meaning 2 new equity shares of face value ₹2 each for every 1 existing equity share of face value ₹2 each. This bonus issue was for shareholders whose names appeared in the Register of Members as of December 24, 2025, which was the record date. The Bonus Equity Shares will rank pari-passu with the existing equity shares.
Following this allotment, the company's paid-up share capital has increased to ₹36,81,12,000, comprising 18,40,56,000 equity shares of ₹2 each. The bonus shares were allotted in dematerialized form. For shareholders holding shares in physical form, the bonus shares will be credited to a separate "GRM OVERSEAS LIMITED - UNCLAIMED SECURITIES SUSPENSE ACCOUNT" pending submission of requisite documents. The company's Board of Directors meeting to approve this allotment commenced at 10:00 AM IST and concluded at 10:15 AM IST on December 26, 2025. This information will also be available on the company's website, www.grmrice.com.
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