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2:1 Bonus, Dividend, Share Buyback: Three stocks are set to turn ex-date on Wednesday, December 24, 2025, as key corporate actions kick in. Today is the last chance for investors to buy these shares to become eligible, as trades need to be settled under the T+1 cycle. GRM Overseas, Nectar Lifesciences and Prakash Pipes will be in focus. Here are the details.
GRM Overseas Limited will turn ex-bonus on Wednesday, December 24, 2025. The FMCG and rice exporter has announced a bonus issue in the ratio of 2:1.
Under the bonus plan, shareholders will receive two fully paid-up equity shares for every one share held. The record date and ex-bonus date are both December 24, 2025. The deemed date of allotment is Friday, December 26, 2025. The bonus shares will carry a face value of Rs 2 each.
To be eligible for the bonus shares, investors must buy GRM Overseas shares by market close on Tuesday, December 23, 2025.
This is the second bonus issue by the company. GRM Overseas had earlier issued bonus shares in a 2:1 ratio in July 2021. It also carried out a 5:1 stock split in November 2021, reducing the face value from Rs 10 to Rs 2.
Nectar Lifesciences will also turn ex-date on December 24, 2025, for its share buyback.
The company has announced an Rs 81 crore buyback through the tender offer route. It plans to repurchase up to 3 crore equity shares at a price of Rs 27 per share. The buyback price is at a premium to the prevailing market price.
The record date for the buyback is December 24, 2025. Only shareholders holding shares on the record date will be eligible to tender shares. Promoters and promoter group entities are excluded from the buyback.
Investors looking to participate must ensure the shares are in their demat account by the end of today’s trading session.
Prakash Pipes Ltd will trade ex-dividend on Wednesday, December 24, 2025.
The company has declared an interim dividend of Rs 1 per equity share, which is 10 per cent on the face value of Rs 10. The dividend is for the financial year 2025–26.
The record date and ex-dividend date are both December 24, 2025. The dividend was approved by the board of directors on December 18, 2025.
To qualify for the interim dividend, investors must hold Prakash Pipes shares in their demat account as of the close of business on the record date.
| Stock name | Corporate action | Key details | Ex-date | Record date |
|---|---|---|---|---|
| GRM Overseas Ltd | Bonus issue | Bonus ratio 2:1. Face value Rs 2 per share | December 24, 2025 | December 24, 2025 |
| Nectar Lifesciences | Share buyback | Buyback size Rs 81 crore. Price Rs 27 per share. Tender offer | December 24, 2025 | December 24, 2025 |
| Prakash Pipes Ltd | Interim dividend | Dividend Rs 1 per share (10 per cent on face value) | December 24, 2025 | December 24, 2025 |