GRM Overseas Ltd (NSE: GRMOVER) has announced Wednesday, December 24, 2025, as the record date for its proposed bonus share issue. Shareholders whose names appear in the company’s records on this date will be eligible to receive the bonus shares.
Bonus Issue Structure
The company has approved a bonus issue in the ratio of 2:1. Under this arrangement, shareholders will receive two fully paid-up equity shares with a face value of ₹2 each for every one fully paid-up equity share of ₹2 held on the record date. The bonus shares will be issued from the company’s reserves, and no payment will be required from shareholders.
In accordance with the Securities and Exchange Board of India (SEBI) circular dated September 16, 2024, GRM Overseas has stated that the deemed date of allotment for the bonus shares will be Friday, December 26, 2025. The additional shares are expected to be reflected in investors’ demat accounts from this date.
Illustration of Share Entitlement
For example, an investor holding 100 equity shares of GRM Overseas as of December 24, 2025, will be entitled to receive 200 additional shares under the 2:1 bonus ratio. Following the allotment, the total number of shares held by the investor would increase to 300. The adjustment in share price typically reflects the increased number of shares after the bonus issue.
Important Dates
Both the ex-date and the record date for the bonus issue are December 24, 2025. Eligibility for the bonus shares is determined based on holdings as of the record date. Shares purchased on or after the ex-date will not qualify for the bonus. The deemed allotment date for the bonus shares is December 26, 2025.
Previous Corporate Actions
GRM Overseas has undertaken corporate actions in the past, including a stock split in November 2021. During this split, the face value of the company’s equity shares was reduced from ₹10 to ₹2 per share.
Summary
GRM Overseas Ltd has fixed December 24, 2025, as the record date for its 2:1 bonus share issue. Eligible shareholders will receive two additional equity shares of ₹2 face value for every one share held. The deemed date of allotment is December 26, 2025, and the company previously carried out a stock split in November 2021.
Disclaimer:
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