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This company to consider issuance of bonus shares, stock in action – Check details here
24htopnews | August 13, 2025 6:06 PM CST

Shares of basmati rice exporter GRM Overseas are performing well amid the buzz around the issue of bonus shares. The FMCG stock opened with a gain of Rs 2.15 against today from previous close of Rs 365.85 on the BSE. The stock started trading at Rs 368 and touched the intraday high of Rs 382.45 representing a gain of 4.51 per cent from the previous days closing price. In between it touched a low of Rs 367.05. The stocks performance also comes amid a significant increase in trading volume by more than 1.37 times. On the NSE the stock began todays trading session at Rs 366.25. The intraday high and low of the stock while writing the report were Rs 382 and 366.25 respectively. Bonus Share Buzz Meanwhile the company has demonstrated its commitment to transparency by informing exchanges that its board will meet on August 20 2025 to consider and approve the proposal for the issue of bonus shares. In view of this the trading window for dealing in securities will remain closed for all the designated persons from August 13 2025 to August 22 2025. The Board of Directors of the Company is schedule to be held is scheduled to be held on Wednesday the 20th Day of August 2025 at the Corporate Office and Works of the Company situated at Village Naultha Tehsil Israna Panipat Haryana- 132145 to inter-alia consider and approve the proposal for issue of bonus shares subject to pre requisite approvals the company said in an exchange filing. Earlier the company appointed Bollywood actor Salman Khan as its brand ambassador for basmati rice and wheat flour. GRM Overseas Managing Director Atul Garg said Khans mass appeal and fan base align with the companys 10X brand range of basmati rice and 10x Shakti range of wheat flour. Founded in 1974 GRM Overseas exports premium basmati rice to over 42 countries and has expanded from a rice manufacturing and trading house to a consumer staples organization. With PTI inputs


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