In a significant move to reward its shareholders, GRM Overseas Limited announced the successful completion of a substantial bonus share issue. The company allotted 12,27,04,000 fully paid-up bonus shares to its existing investors, effective from the record date of December 24, 2025.
Details of the Bonus Share Allotment
The bonus issue was executed in the ratio of 2:1. This means shareholders received two additional equity shares for every single share held by them as of the record date. Consequently, an investor holding one share now possesses three. The company clarified that the new shares, each with a face value of ₹2, are identical in all respects to the existing equity shares and carry the same rights.
The allotment was formally approved by the board and communicated to the stock exchanges on December 18, 2025. Following this corporate action, the paid-up share capital of GRM Overseas has increased significantly. It now stands at ₹36,81,12,000, divided into 18,40,56,000 equity shares of ₹2 each.
Process for Shareholders and Strong Financial Backdrop
All bonus shares have been issued in dematerialized form. For eligible shareholders who hold physical share certificates, the new bonus shares will be temporarily held in a separate demat suspense account named "GRM OVERSEAS LIMITED - UNCLAIMED SECURITIES SUSPENSE ACCOUNT." These shares will be transferred to the respective demat accounts once the necessary documents are submitted, in line with SEBI regulations.
This reward to shareholders comes on the back of a robust financial performance by the company. GRM Overseas reported strong Q2 FY26 results, showcasing impressive growth. Total revenue surged by 16.2% year-on-year to ₹372.1 crore, driven largely by a remarkable 72% jump in exports. More notably, the company's profit after tax witnessed a substantial increase of 60.5%, climbing to ₹14.8 crore from ₹9.2 crore in the same quarter last year.
Share Price Performance and Market Standing
The market has responded positively to the company's performance and corporate actions. On the day of the announcement, December 26, GRM Overseas shares opened marginally higher at ₹166.50. The stock has been a stellar performer, delivering multibagger returns of 149% on a year-to-date (YTD) basis and gaining 38% in the last six months alone.
The shares, listed on both the BSE and NSE, recently touched a 52-week high of ₹185.55 on December 24, 2025. The 52-week low for the stock was ₹58.59, recorded on January 13, 2025. The issuance of bonus shares is often seen as a sign of a company's confidence in its future earnings potential and its commitment to sharing success with investors, a sentiment echoed by GRM Overseas's recent financial metrics.
