Description

GRM Overseas Limited announces bonus issue of 12.27 crore equity shares in the ratio of 2:1, with record date December 24, 2025 and trading commencement on December 29, 2025.

Summary

GRM Overseas Limited (Scrip Code: 531449) has announced a bonus issue of equity shares in the ratio of 2:1, issuing 12,27,04,000 new equity shares of Rs. 2/- each against 6,13,52,000 existing equity shares. The company has fixed December 24, 2025 as the record date and has undertaken to credit bonus shares by December 26, 2025 with trading commencing on December 29, 2025.

Key Points

  • Bonus ratio: 2:1 (2 new shares for every 1 existing share)
  • Total bonus shares to be issued: 12,27,04,000 equity shares of Rs. 2/- each
  • Existing share capital: 6,13,52,000 equity shares of Rs. 2/- each
  • Company Scrip Code: 531449
  • Bonus shares will be credited by 12 PM on the next working day after record date
  • Shares will be available for trading from beginning of day on T+2

Regulatory Changes

No regulatory changes. This is a standard corporate action announcement.

Compliance Requirements

  • Company must credit bonus shares to beneficiary accounts by 12 PM on December 26, 2025 (next working day after record date)
  • Company must ensure shares are available for trading at beginning of day on December 29, 2025 (T+2 day)
  • Shareholders must hold shares as of record date to be eligible for bonus issue

Important Dates

  • December 19, 2025: Announcement date
  • December 24, 2025: Record date for bonus issue eligibility
  • December 26, 2025: Bonus shares to be credited by 12 PM (T+1 working day)
  • December 29, 2025: Bonus shares available for trading from beginning of day (T+2)

Impact Assessment

Positive Impact:

  • Increases liquidity with 100% increase in share capital
  • Makes shares more affordable to retail investors post-split effect
  • Signals company confidence and rewards existing shareholders
  • No cash outflow for shareholders to participate

Operational Impact:

  • Share price will adjust proportionately (approximately 1/3 of current price)
  • Existing shareholders’ percentage ownership remains unchanged
  • Total market capitalization remains the same
  • Increased float may improve trading volumes

Shareholder Action Required:

  • Shareholders must hold shares on record date (December 24, 2025) to receive bonus shares
  • No action required for credit - automatic credit to demat accounts

Impact Justification

Significant corporate action affecting existing shareholders with 100% bonus ratio (2:1), will impact share price and liquidity positively