Description

GRM Overseas Limited announces bonus share issue in the ratio of 2:1, with record date December 24, 2025 and credit by December 26, 2025.

Summary

GRM Overseas Limited (Scrip Code: 531449) has announced a bonus share issue in the ratio of 2:1. The company will issue 12,27,04,000 bonus shares of Rs. 2/- each for every 6,13,52,000 existing equity shares of Rs. 2/- each. The record date has been fixed as December 24, 2025, with bonus shares to be credited by December 26, 2025, and available for trading from 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 equity shares: 6,13,52,000 equity shares of Rs. 2/- each
  • Face value: Rs. 2/- per share
  • Bonus shares will be credited to beneficiary accounts by 12 P.M. on December 26, 2025
  • Shares will be available for trading from Beginning of Day (BOD) on December 29, 2025

Regulatory Changes

No regulatory changes. This is a standard corporate action undertaken by the company as per existing regulations.

Compliance Requirements

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

Important Dates

  • Record Date: December 24, 2025 - Eligibility date for bonus issue
  • Credit Date: December 26, 2025 (Friday) by 12 P.M. - Bonus shares to be credited to beneficiary accounts
  • Trading Commencement: December 29, 2025 (Monday) - Bonus shares available for trading from BOD
  • Circular Date: December 19, 2025

Impact Assessment

Shareholder Impact: Existing shareholders as of December 24, 2025 will receive 2 additional shares for every 1 share held, increasing their shareholding by 200% without any additional cost.

Market Impact: The bonus issue will triple the total number of outstanding shares from 6.14 crore to 18.41 crore shares, which typically leads to proportional adjustment in share price. This improves liquidity and makes shares more affordable for retail investors.

Trading Impact: Post-bonus shares will be available for trading from December 29, 2025, with adjusted prices reflecting the increased share base. The corporate action does not change the overall market capitalization of the company.

Impact Justification

Standard corporate action affecting existing shareholders through bonus share issuance at 2:1 ratio, impacting shareholding structure and trading from December 29, 2025