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GRM Overseas Ltd. ( (IN:GRMOVER) ) just unveiled an update.
GRM Overseas Ltd. has set 24 December 2025 as the record date for a bonus issue of equity shares in the ratio of 2:1, granting shareholders two new fully paid-up shares of Rs. 2 each for every existing share held. The bonus issue, with a deemed allotment date of 26 December 2025, effectively triples the company’s share count and is likely aimed at improving liquidity and broadening investor participation, while shareholders holding physical certificates are required to dematerialize their holdings before the record date or have their bonus shares parked in a suspense account until demat formalities are completed.
More about GRM Overseas Ltd.
Average Trading Volume: 31,906
Technical Sentiment Signal: Buy
Current Market Cap: 27.88B INR
Learn more about GRMOVER stock on TipRanks’ Stock Analysis page.