Bonus shares were authorized and allotted by the board at a 2:1 ratio, which means that for each share held on the record date, shareholders got two more shares. Because of the higher affordability and more liquidity after adjustment, such corporate actions usually attract heightened investor interest, particularly from retail investors.
"This is to inform you that the Board of Directors of the Company on December 26, 2025, has allotted 12,27,04,000 fully paid up Bonus Equity Shares in the ratio 2:1 i.e. 2 (Two) new fully paid up Equity Share having face value of Rs. 2/- each for every 1 (One) existing fully paid-up Equity Share having face value of Rs. 2/- each, whose names appeared in the Register of Members as on December 24, 2025, being the record date fixed pursuant to the Board's approval and intimated to the stock exchanges vide our communication dated December 18, 2025," said GRM Overseas in a stock exchange filing.
"The Bonus Equity Shares shall rank pari-passu in all respects and carry the same rights as the existing equity shares of the Company. After the allotment of Bonus Equity Shares, the paid-up share capital of the Company stands increased to Rs. 36,81,12,000/- divided into 18,40,56,000 equity shares of Rs. 2/- each," the company further informed stock exchanges.
"The allotment of Equity shares, pursuant to the Bonus Issue, is made only in dematerialized form. In the case of eligible members holding Equity Shares in Physical Form, the Bonus Equity Shares will be credited to the separate demat suspense account namely "GRM OVERSEAS LIMITED - UNCLAIMED SECURITIES SUSPENSE ACCOUNT" in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and only upon submission of requisite documents, such Bonus Shares will be credited to their respective demat account," GRM Overseas confirmed in a regulatory filing.
Since its founding in 1974, GRM Overseas has grown from a rice trading company to a major participant in the FMCG industry with operations in more than 50 countries. With an annual rice processing capacity of 4,40,800 metric tons, the firm has state-of-the-art manufacturing facilities in Haryana and Gujarat. These facilities are supported by globally recognized plants that adhere to ISO 22000, BRC, US FDA, Kosher, and HACCP standards.
GRM operates in both domestic and foreign markets. The firm is one of the top five exporters of basmati rice worldwide, with private labels accounting for over 95% of export revenue and premium brands like Tanoush and Himalaya River making up the remaining portion. Rice, atta, edible oil, besan, and value-added packaged foods are just a few of the basics that GRM offers under the 10X brand in India through its subsidiary GRM Foodkraft Private Limited.
With a good debt-to-equity ratio of 0.9x and an A-long-term credit rating, the firm generated revenue of Rs 1,348 crore in FY25, produced a Return on Equity of 14.3%, and ROCE of 23.7%. With a varied product line and a stronger reputation, the company hopes to generate Rs 2,000 crore in revenue from its operations in India and Rs 1,500 crore from overseas markets by FY28.
"GRM Overseas is bearish & overbought on the Daily charts with strong resistance at 185. A Daily close below support of 160 could lead to a target of 133 in the near term," commented A R Ramachandran, part time SEBI registered Research Analyst, Tips2trades.