GRM Overseas Limited — Dividend/Bonus, 13-11-2025: Bonus
13-11-2025 | 08:58 pm
13-11-2025 | 08:58 pm
GRM Overseas has approved a 2:1 bonus issue, meaning 2 new equity shares for every 1 existing share held. This is subject to shareholder approval, with a record date to be fixed soon. The move aims to reward shareholders and likely enhance stock liquidity and market participation. The company will use Rs. 27.63 Cr from its free reserves for this. This will also involve increasing the authorized share capital from Rs. 20 Cr to Rs. 45 Cr to accommodate the new shares.
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