After four years, shares of GRM Overseas Ltd. are once again trading ex-bonus. The company has announced a bonus issue of two shares for every one share held.
The stock will trade ex-bonus next week. Let us understand the details of this announcement and the company’s performance.
Record Date for Bonus Shares
As per the information shared with the stock exchange, GRM Overseas Limited will issue 2 bonus shares for every 1 existing share.
The company has fixed December 24 as the record date for this bonus issue.
This means that investors whose names appear in the company’s records on December 24 will be eligible to receive two free shares for each share they own.
Earlier as well, the company had issued bonus shares in 2021, when it also gave 2 bonus shares on 1 share.
Stock Market Performance
On Friday, at market close, GRM Overseas Ltd. shares ended at ₹470.15, down by 0.20 percent.
In the last 3 months, the stock price has risen by 33 percent
In 2025, the stock has gained 134 percent
Over one year, investors have received a return of 138 percent
The company’s 52-week high is ₹502.95, while the 52-week low is ₹175.95.
The current market capitalization of the company stands at ₹2,884 crore.
Looking at the long-term performance, the share price has increased by 1,350 percent in 5 years and an impressive 11,537 percent in 10 years.
Share Split Details
GRM Overseas Limited also carried out a stock split in 2021. Under this split, one share was divided into five shares. As a result, the face value of the stock was reduced from ₹10 to ₹2 per share.
