GRM Overseas Fixes Dec 24, 2025 as Record Date for 2:1 Bonus Share Issue
GRM Overseas Limited has announced that Wednesday, December 24, 2025, has been fixed as the Record Date for the issuance of Bonus Equity Shares. The company will issue bonus shares in the ratio of 2:1...
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Why is GRM Overseas Limited in the news today?
GRM Overseas Limited (GRMOVER) is in the news due to the announcement of a bonus share issue is generally viewed positively by investors as it indicates the company's confidence and its intention to reward shareholders.
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GRM Overseas Fixes Dec 24, 2025 as Record Date for 2:1 Bonus Share Issue
December 18, 2025, 04:26 PM
GRM Overseas Limited has announced that Wednesday, December 24, 2025, has been fixed as the Record Date for the issuance of Bonus Equity Shares. The company will issue bonus shares in the ratio of 2:1, meaning two new fully paid-up equity shares of ₹2 each for every one existing fully paid-up equity share of ₹2.
Further, in accordance with SEBI circular dated September 16, 2024, the deemed date of allotment of these bonus shares is Friday, December 26, 2025. For physical shareholders, the company advises them to dematerialize their share certificates by contacting their Depository Participant (DP) on or before the Record Date to receive the bonus shares in their beneficiary accounts. If shares are held in physical form as of the Record Date, the entitled bonus shares will be transferred to a suspense account opened by the company.
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