GRM Overseas has secured in-principle approval from both the National Stock Exchange of India (NSE) and BSE for the listing of 23,154,000 equity shares. These shares, each with a face value of ₹2, were issued following the conversion of warrants on a preferential basis.
The equity shares have been assigned distinctive numbers ranging from 184,056,001 to 207,210,000. The approval was confirmed through letters from NSE and BSE, both dated April 29, 2026. The NSE letter, bearing reference number NSE/LIST/53734, and the BSE letter, numbered LOD/PREF/SS/FIP/152/2026-27, formalised the approval process.
This development marks a significant step for GRM Overseas as it moves towards listing these shares on the exchange. The shares will be listed and admitted to dealings on the exchange upon confirmation from the depositories, namely the National Securities Depository Limited (NSDL) and the Central Depository Services Limited (CDSL), for the credit of beneficiaries’ accounts.
The approval process involved a thorough review of the listing application and related documents submitted by GRM Overseas. The shares are expected to be listed and available for trading once the necessary confirmations are received.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).