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Globe International Carriers (GICL) announced a bonus share issue of 1:1, meaning one bonus share for every one share held, *after* a 1:2 stock split. For existing shareholders, this effectively means 4 shares of ₹5 each for every 1 share of ₹10 held initially. The bonus issue will double the paid-up share capital from ₹27.99 Cr to ₹55.98 Cr. This move aims to enhance stock liquidity and public shareholder participation, also serving as a reward for shareholders. The record date for both corporate actions will be announced later.