GRM Overseas 2:1 Bonus Issue Record Date Today (December 24)

GRM Overseas Ltd has fixed Friday, December 24, 2025, as the record date for its 2:1 bonus share issue. Under this bonus issue, eligible shareholders will receive one additional equity share for every 2 shares they currently hold.

GRM Overseas Ltd said in an exchange filing, “The board approved the issuance of bonus shares to the existing shareholders of the Company in the ratio of 2:1 i.e. 2 (Two) fully paid-up equity shares for every 1(one) existing fully paid-up equity shares held as on proposed Record Date to be fixed for bonus issue, subject to approval of Shareholders of the Company.”

“The company has fixed Wednesday, December 24, 2025, as the record date for the issuance of Bonus Shares in the ratio of 2:1 i.e. 2 (Two) new fully paid-up equity shares of Rs. 2/- (Rupees Two only) each for every 1 (One) existing fully paid-up equity share of Rs. 2/- (Rupees Two only) each.”

What Does GRM Overseas Bonus Record Date Mean for Shareholders?

Since December 24 has been set as the record date, December 23, 2025, was the last day for investors to purchase GRM Overseas shares to qualify for the bonus issue. Shares bought on or after the record date will not be eligible for the bonus due to the T+1 settlement cycle. Investors must ensure that the shares are held in a valid demat account as of the record date to receive the bonus shares.

Also Read: EPFO New Rules: Are Weekly Offs Between Jobs Considered Service Break for Insurance Eligibility?

GRM Overseas Management Take on Q2FY26 Earnings

Speaking about the performance and recent updates, Mr Atul Garg, Managing Director, said: “We are delighted to report a strong overall performance during the quarter, with EBITDA and PAT growing by 53.9% YoY and 60.5% YoY, respectively. This growth was largely supported by a strong 72% YoY growth in exports, contributing to an overall revenue growth of 16% YoY, to Rs. 372 Crores. 

The exports business has witnessed robust traction driven by GRM’s strong presence in the key international markets for Basmati rice. During the quarter, the company established a fully owned subsidiary in the United Arab Emirates to act as a distribution and marketing centre for customers in the UAE and nearby international markets. This includes trading, importing, exporting, and distributing rice, food grains, and related products. Additionally, we have signed an agreement with Seven Star Company Limited in Riyadh, Saudi Arabia, to distribute our popular basmati rice brand ‘10X’ throughout the Saudi market.”

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