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Stock market update: This company to consider bonus shares along with quarterly results, check full details here
24htopnews | November 7, 2025 7:06 PM CST

BSE small cap company GRM Overseas has informed the exchange that its board of directors will soon convene to consider a proposal for the declaration and recommendation of bonus equity shares. According to an exchange filing the meeting is scheduled for November 13 2025. During this meeting the firm will also review and approve its unaudited standalone and consolidated financial results for the quarter and half-year ending September 30 2025. In the meantime the stock has experienced volatility as the Indian benchmark index dropped significantly in early trading. The stock opened the trading session in the green at Rs 443.30 compared to the previous close of Rs 443.25 on the BSE. It has been trading close to its 52-week high of Rs 446.55 with the 52-week low standing at Rs 175.95. Recently the stock was trading in the red at Rs 440.60 reflecting a decrease of 0.60% from the previous close. The companys market capitalization is currently Rs 2703 crore. Earlier the company made a strategic move by appointing Bollywood actor Salman Khan as its brand ambassador for basmati rice and wheat flour. This decision backed by GRM Overseas Managing Director Atul Garg is a testament to the companys confidence in Khans mass appeal and fan base which align with the companys 10X brand range of basmati rice and 10x Shakti range of wheat flour. Im excited to partner with GRM a brand that shares my belief in the importance of quality and authenticity Khan said in a statement. The partnership aims to leverage Khans iconic status to strengthen GRMs brand presence and connect with consumers globally the company said. Meanwhile benchmark indices Sensex and Nifty tumbled in early trade on Friday as relentless foreign fund outflows and weak trends in global markets hit investors sentiment. The 30-share BSE Sensex tanked 631.93 points to 82679.08 in early trade. The 50-share NSE Nifty declined 184.55 points to 25325.15. (With PTI inputs)


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