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
What Rolex files
- Others47
- Investor Meet26
- Important13
- Board Meeting12
- Dividend/Bonus10
- PPTs8
Rolex Rings officials will meet investors and analysts at the Equirus Annual India Conference in Mumbai. This signals ongoing investor engagement. Discussions will focus on publicly available company information.
Rolex Rings' Board and shareholders approved a buyback of up to 1 Crore shares at ₹180 each, totaling ₹180 Cr. Promoters are not participating. This move aims to enhance shareholder returns by boosting EPS and Return on Net Worth, distributing surplus cash.
Rolex Rings has successfully reclassified two individuals, Mr. Hemal Paresh Madeka and Mr. Sanjay Bhagwanji Bole, from the 'Promoter & Promoter Group' category to 'Public' shareholders. **Possible Impact:** This move increases the company's public float. A higher public float generally enhances stock liquidity, making it potentially easier for investors to...
Rolex Rings Limited has informed the Exchange regarding 'SAST DISCLOSURE FOR CREATION OF PLEDGE'.
Company reported Q2 revenue of 271.38 Cr & Net Profit of 44.34 Cr. Half-year Net Profit reached 93.49 Cr. A 1:10 stock split was approved. Company faces a potential 227.86 Cr Right to Recompense claim, provisioning 50.60 Cr with negotiations ongoing.