GRM overseas sets record date for bonus share issuance

GRM Overseas Limited has announced December 24, 2025, as the record date for the issuance of bonus equity shares. The company will issue bonus shares in a 2:1 ratio, meaning two new fully paid-up equity shares of Rs. 2/- each for every one existing fully paid-up equity share of Rs. 2/- held. The deemed date of allotment for these bonus shares is set for Friday, December 26, 2025.

In accordance with SEBI (ICDR) (Second Amendment) Regulations, 2023, the allotment of bonus shares will exclusively be in dematerialized form. Physical shareholders are advised to dematerialize their share certificates by the record date to receive bonus shares directly into their beneficiary accounts.

Shares held in physical form on the record date will result in the bonus equity shares being transferred to a suspense account opened by GRM Overseas. This move is intended to streamline the process and comply with regulatory requirements.