Rolex Rings Announces Buyback Schedule, Tender Offer Price ₹180

Rolex Rings Ltd has submitted a copy of its Letter of Offer and Tender Forms for a buyback program. The buyback will open on July 9, 2026, and close on July 15, 2026. The settlement of bids is expected by July 22, 2026. The company is offering to buy back up to 10,000,000 equity shares at a price of ₹180 per share, totaling an aggregate consideration of up to ₹1,800 million. This buyback represents 3.67% of the company's total equity shares and is within the statutory limits. The offer is made to eligible shareholders as of the record date, July 3, 2026, on a proportionate basis through the tender offer route.