Issue of Bonus Shares By FMCG Stock: Record Date Out By GRM Overseas; What Shareholders Should Know?

In order to ascertain the shareholders' eligibility for bonus shares, GRM Overseas, an FMCG firm and the third-largest rice exporter in India, established a record date.

A significant corporate move for shareholders, GRM Overseas Limited has notified stock exchanges that it received in-principle clearance from the Bombay Stock Exchange (BSE) for a substantial bonus issue. Following the clearance letter given on December 17, 2025, the BSE has authorized the issuance of 13,81,40,000 bonus equity shares, each with a face value of Rs 2, in accordance with the company's regulatory filing of December 18, 2025.

On Friday, December 19, the shares of GRM Overseas were trading at Rs 472 each on the BSE at the time when this article was written. The stock is currently trading at Rs 472, barely 6% below its 52-week high of Rs 502.95 reached on November 20, 2025, demonstrating continuous buying demand close to peak levels.

Over the previous year, the stock has seen a robust comeback. More significantly, the stock has risen dramatically from its 52-week low of Rs 175.95, which was reached on January 13, 2025. This is an astounding gain of around 168% from the bottom, indicating a strong reversal and upward momentum.

GRM Overseas Bonus Shares Record Date

For the purpose of issuance of bonus shares in the ratio of 2:1 i.e. 2 new fully paid-up equity shares of Rs. 2/- each for every 1 existing fully paid-up equity share of Rs. 2/- each, the Board of Directors has fixed Wednesday, December 24, 2025 as the record date as per a regulatory filing made on December 18.

Note For Physical Shareholders By GRM Overseas

"The allotment of shares in bonus issue shall be made only in dematerialized form and thus, all the eligible members of the Company holding equity shares in physical mode are hereby advised to dematerialize their physical share certificates by contacting their respective Depository Participant (DP) on or before the Record Date for receipt of bonus equity shares in their respective beneficiary accounts. In case, shares of the Company are held in physical form as on the Record Date, the bonus equity shares so entitled, shall be transferred to the Suspense Account opened by the Company in this regard," said the company in a stock exchange filing on Thursday.

GRM Overseas Target Price

"GRM Overseas is bullish on the Daily charts with strong support at 451.25. A Daily close above resistance of 473 could lead to a target of 505 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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