GRM Overseas Makes Big Announcement
On Tuesday, December 9, 2025, GRM Overseas, a small-cap FMCG (Fast-Moving Consumer Goods) stock, announced that its board of directors has approved the issue of bonus shares to its shareholders. The company will also increase its authorized share capital.
What Does This Mean for Investors?
The announcement was made through a BSE (Bombay Stock Exchange) filing, but it didn't provide many details about the bonus issue or the company's plans for the future. However, this move is expected to have a positive impact on the company's stock price.
About GRM Overseas
GRM Overseas is a company that operates in the FMCG sector, specializing in the milling, processing, and marketing of basmati rice in both domestic and international markets. The company's stock has performed well in recent years, with returns of over 4% since its listing in 2022.
Stock Performance
The company's stock price closed at ₹464.20 on Tuesday, unchanged from the previous day. Over the last year, the stock has jumped by more than 110%. In 2025, the stock has gained 132.64% on a year-to-date basis and 8.41% in the last one-month period.
- The company's stock hit its 52-week high at ₹502.95 on November 20, 2025.
- The 52-week low was ₹175.95 on January 13, 2025.
- The company's market capitalization (M-Cap) stood at ₹2,847.96 crore as of the stock market close on Tuesday.
Key Takeaways
The appointment of Sumit Mittal as the Non-Executive Independent Director is another significant development for the company. With its strong performance and recent announcements, GRM Overseas is definitely a stock to watch in the FMCG sector.
Disclaimer: This article is for educational purposes only. Investors should consult with certified experts before making any investment decisions.