Rolex Rings Limited
Rolex Rings is a leading manufacturer of forged and machined components in India and is one of the top 5 forging companies in India. The company is a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways
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Rolex Rings has completed its share buyback via a tender offer. The company repurchased 10 million shares at INR 180 per share, totaling an aggregate consideration of INR 180 Cr. Following the extinguishment of these shares, the total equity share capital has reduced from 272,333,120 shares to 262,333,120 shares. This...
Rolex Rings has concluded its share buyback program via a tender offer. The company repurchased 1 Crore equity shares at ₹180 per share, totaling ₹180 Cr. This strategic move aims to enhance shareholder value by reducing the outstanding share capital.
Rolex Rings has announced a buyback offer of up to 10 million shares via a tender offer at ₹180 per share, totaling ₹180 Cr. The buyback opens on July 9, 2026, and closes on July 15, 2026. Promoters will not participate. This move aims to return surplus funds to shareholders,...
Rolex Rings has set July 03, 2026, as the Record Date for its share buyback. Shareholders holding shares on this date will be eligible for the tender offer. The company plans to buy back up to 10 million shares at Rs. 180 each, totaling up to Rs. 180 Cr. This...
Rolex Rings has announced a buyback of its equity shares, totaling up to 180 Cr. The company plans to repurchase up to 10 million shares at a price of ₹180 per share. The buyback will be executed through a tender offer on a proportionate basis.