GRM Overseas Limited has informed the Exchange that the Board of Directors at its meeting held on November 13, 2025, have considered and approved bonus at the ratio of 2 : 1, i.e 2 Equity Shares for every 1 Equity Shares held.
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GRM Overseas Limited's Board of Directors, at its meeting on November 13, 2025, approved a bonus issue of equity shares in the ratio of 2:1. This means shareholders will receive 2 new equity shares for every 1 existing share held. A bonus issue increases the total number of shares outstanding without changing the company's overall value, typically rewarding existing shareholders and improving share liquidity.
Shareholders will see their shareholding triple (in count) on the record date, though the share price is expected to adjust downward proportionally. This signals management's confidence and rewards loyal investors, but does not change the underlying valuation.