GRM Overseas Limited has informed the Exchange regarding allotment of 122704000 securities pursuant to Bonus at its meeting held on December 26, 2025
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GRM Overseas Limited has allotted 1,22,70,400 bonus securities to its eligible shareholders following a board meeting held on December 26, 2025. This allotment is part of the company's previously announced bonus issue, rewarding shareholders with additional shares. The bonus shares will be credited to the demat accounts of eligible shareholders as per the record date set earlier. The company's paid-up share capital has increased correspondingly as a result of this allotment.
Bonus shares increase the total share count but do not change the company's overall value, so the share price will typically adjust downward in proportion to the bonus ratio. Shareholders see no change in the value of their holding, but their number of shares goes up, which may improve liquidity and make the stock more affordable for retail investors.