GRM Overseas lists 77.18L preferential shares at Rs.150 plus 2:1 bonus issue from May 27

BSE clears trading of 77.18 lakh warrant-conversion shares at Rs.150 (Rs.148 premium) and 1.54 crore bonus shares on 2:1 ratio for the basmati exporter. Preferential tranche carries staggered lock-ins running through November 2026 and November 2027, expanding the float for the 10X Rice and Tanoush owner.

— Source publishedTue, 26 May, 2026, 18:09 IST·First seen Tue, 26 May, 2026, 18:13 IST·Source BSE Corporate Announcements

What happened

BSE permits trading from 27 May 2026 of GRM Overseas' 77.18 lakh preferential warrant-conversion shares at Rs.150 plus 1.54 crore 2:1 bonus shares, with

Key facts

  • 77,18,000 shares
  • Rs. 150 issue price
  • Rs. 148 premium
  • 1,54,36,000 bonus shares
  • 2:1 bonus ratio
  • ISIN INE192H01020
  • lock-in 30/11/2027
  • lock-in 30/11/2026

Why this matters

Fresh equity headroom and a broader float position GRM Overseas to pursue bolt-on FMCG acquisitions or scale 10X Rice and Tanoush distribution without near-term debt strain.