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 move effectively reduces outstanding shares, potentially boosting per-share value for existing investors.