GRM Overseas receives trading approval for 2.31 crore equity shares

Business Desk — Tue, 26 May 2026 16:23:36 +0000

GRM Overseas has received trading approval for 2,31,54,000 equity shares with a face value of ₹2 each. These shares include 77,18,000 equity shares allotted to promoters and non-promoters on a preferential basis following the conversion of warrants. Additionally, 1,54,36,000 bonus equity shares were allotted in a 2:1 ratio on the aforementioned shares.

The National Stock Exchange of India Limited (NSE) and BSE Limited have both issued letters confirming the listing of these shares. The shares are set to be listed and admitted to dealings on the exchange from 27 May 2026.

The distinctive numbers for the equity shares range from 184056001 to 207210000. The shares are issued under the symbol ‘GRMOVER’ in the EQ series.

According to the details provided by the company, a portion of these shares, specifically 36,24,000, will be under lock-in until 30 November 2027, while 1,95,30,000 shares will be locked in until 30 November 2026.

The company has been advised to continue providing all critical and price-sensitive information through the NSE Electronic Application Processing System (NEAPS) for efficient processing of submissions.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Sachin Narang | Business Upturn

GRM Overseas receives trading approval for 2.31 crore equity shares