Rolex Rings Ltd
Rolex Rings Approves ₹180 Crore Share Buyback 📈
• Approved buyback of up to 1,00,00,000 equity shares at ₹180 per share
• Total buyback value: ₹180 Crores
• Represents up to 3.67% of total paid-up equity share capital
• Buyback to be conducted via tender offer route
• Promoter and promoter group will not participate
• Pre-buyback shareholding (March 31, 2026): Promoters 52.24%, Mutual Funds 28.76%, FII/FPI 6.01%, Indian Public 11.02%
• Committee formed to oversee buyback implementation
• Record date and further details to be announced later