GRM Overseas Limited — Dividend/Bonus, 13-11-2025: Bonus
13-11-2025 | 08:54 pm
13-11-2025 | 08:54 pm
GRM Overseas' Board has approved a bonus issue of 2:1, granting 2 new equity shares for every 1 existing share held. The Record Date for determining shareholder eligibility will be announced soon. This strategic move aims to enhance liquidity and market participation while rewarding shareholders. It will significantly increase the paid-up capital from approximately 6.14 crore shares (Rs 12.27 Cr) to 18.41 crore shares (Rs 36.81 Cr), utilizing Rs 27.63 Cr from the available free reserves of Rs 331.96 Cr.
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