24
Dec
GRM Overseas shares are set to trade ex-bonus following the company’s 2:1 bonus issue, with Wednesday, December 24 fixed as the record date. Shareholders holding the stock at the close of trading on this date will receive two additional shares for every one share owned, taking their total holding to three shares. On Wednesday, the stock was trading 1.36% lower at ₹166.20, after opening at ₹178.80 earlier in the session. At the market open, the share price was adjusted to account for the bonus issue. This adjustment may appear as a sharp decline on trading screens, but it is only…
