Rolex Rings Announces Post-Buyback Details of Equity Share Repurchase
Rolex Rings Ltd has released a comprehensive Post-Buyback Public Announcement detailing the repurchase of its equity shares. The transaction, executed via tender offer, resulted in a reduction of the company’s issued share capital, with details of the buyback and the resulting capital structure provided to shareholders.The company announced that 10,000,000 Equity Shares of Rolex Rings Ltd were bought back at a price of ₹180/- per Equity Share. The total amount utilized in this buyback amounted to 2,180.00 million, excluding transaction costs. The purchase was conducted from the company’s equity shareholders on a proportionate basis, effective as of the Record Date, July 03, 2026.
The Post-Buyback Public Announcement, which was published in newspapers including Financial Express (English and Gujarati editions) and Jansatta (Hindi edition), provides insights into the scale and impact of the transaction.
Buyback Transaction Summary
The tender offer details are summarized as follows:| Parameter | Details |
|---|---|
| Total Equity Shares Bought Back | 10,000,000 |
| Price Per Share | ₹180/- |
| Total Amount Utilized | 2,180.00 million (excluding costs) |
| Buyback Opening Date | July 09, 2026 |
| Buyback Closing Date | July 15, 2026 |
Shareholder Response and Capital Structure Update
The total of 21,652 valid bids were received from eligible shareholders for the buyback. The response rates across different categories varied as follows:| Category | Available Shares (A) | Total Valid Bids (B) | Total Equity Shares Tendered | Response % |
|---|---|---|---|---|
| General Category | 8,500,000 | 1,264 | 49,275,702 | 579.71% |
| Small Shareholder Category | 1,500,000 | 21,580 | 1,042,000 | 522.04% |
| Total | 10,000,000 | 21,652 | 57,118,279 | 571.18% |
The company’s capital structure has been updated following the repurchase of the 10 million shares. The pre- and post-buyback capital parameters are detailed below:
| Parameter | Pre-Buyback (As on July 03, 2026) | Post-Buyback (Subject to completion) |
|---|---|---|
| Issued, Subscribed and Fully Paid-Up Equity Share Capital | 272,333,120 Equity Shares of face value | 262,333,120 Equity Shares of face value |
The shareholding pattern pre and post the buyback reflects the following categories:
| Category of Shareholder | No. of Shares Pre-Buyback | % to the Existing Equity Share Capital | No. of Shares Post-Buyback (Adjusted) | % to the Post-Buyback Equity Share Capital |
|---|---|---|---|---|
| Promoter, Promoter Group | 142,200,201 | 2.2470% | 142,200,201 | 4.2570% |
| Foreign Investors (including Non-Resident Indians) | 13,001,435 | 0.037% | Not Specified | - |
| Corporate Bodies/Financial Institutions | 77,949,346 | 28.62% | 72,000,809 | 45.113% |
| Others (Individuals, Bodies, Employees, etc.) | 30,250,000 | 13.30% | Not Specified | - |
The company confirmed that the extinguishment of the accepted 10,000,000 Equity Shares in dematerialized form is currently under process and is scheduled to be completed on or before July 31, 2026.
ROLEXRINGS Stock Price Movement
Rolex Rings Limited closed higher today, settling at ₹139.64 after gaining 1.79%. The stock saw robust trading activity in the post-market session, exchanging hands with a volume of 892,279 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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