Rolex Rings Limited Sets Record Date for Equity Buyback Offering
Rolex Rings Limited has announced that Friday, July 03, 2026, will serve as the record date for its proposed buyback of equity shares. The decision comes after the company's Board of Directors and shareholders approved the initiative through a dedicated Buyback Committee meeting held on June 03, 2026.The buyback proposal involves purchasing up to ten million fully paid-up Equity shares of the company. Each share has a face value of Re. 1/- (Indian Rupee One only). The acquisition will be conducted via a tender offer process.
According to the details released, the buyback is proposed for an aggregate amount not exceeding Rs. 1,800 million (Indian Rupees One Thousand Eight Hundred million only). The fixed price for each equity share under the offer is Rs. 180/- (Indian Rupees One Hundred Eighty only). This record date will be used to determine the eligibility and names of equity shareholders permitted to participate in the buyback.
ROLEXRINGS Stock Price Movement
Rolex Rings Limited shares closed lower today, shedding 0.18% as it settled at ₹147.71 in post-market trading. The equity saw a day of movement between a low of ₹147.01 and a high of ₹149.39, with over 650,377 shares traded.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.