Rolex Rings Sets July 3, 2026 as Record Date for ₹1,800 Million Buyback

Rolex Rings Ltd has announced July 03, 2026, as the record date for its previously approved equity share buyback. The company plans to repurchase up to 10,000,000 equity shares, representing approximately 10% of its total outstanding shares, at a price of ₹180 per share. The total buyback value is capped at ₹1,800 million. This move aims to return capital to shareholders and potentially enhance shareholder value. The buyback will be conducted on a proportionate basis through the tender offer process.