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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
Rolex Rings announced its 24th Annual General Meeting on 24th September, 2026, via video conferencing. Shareholders can access the AGM Notice and FY25-26 Annual Report online; instructions provided for those without registered emails.
Rolex Rings settled a Rs. 101 Cr Right of Recompense (RoR) obligation with consortium lenders. This clears a significant financial liability, honoring the company's commitments.
Rolex Rings has reclassified some promoter group shareholders to the public category. Post-reclassification, the Promoter Group's holding is 52.24%, and public shareholding is 47.76%. This updates the company's shareholding pattern.
Rolex Rings' reclassification of Mr. Hemal Paresh Madeka (1.13% stake) and another individual from Promoter to Public category is approved. This alters the company's shareholder structure.
Rolex Rings received an update from Union Bank of India, its lead consortium banker, related to a previous communication. Investors await further details on the letter's content.