Rolex Rings Ltd

Rolex Rings Limited has announced a share buyback program of up to 10,000,000 equity shares, representing 3.67% of its outstanding shares. The buyback will be conducted through the tender offer route at a price of ₹180 per share, with an aggregate consideration not exceeding ₹1,800 million. This decision was approved by the company's board of directors on April 23, 2026, and shareholders on May 31, 2026. A public announcement regarding the buyback was published on June 4, 2026, in accordance with SEBI regulations.

Rolex Rings Ltd announced audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the standalone audited financial results. Revenue from operations for the year stood at ₹11,434.95 million compared to ₹11,548.02 million in the previous year. Profit before tax for the year is ₹1,902.89 million. The meeting commenced at 12:17 pm and concluded at 12:32 pm on May 16, 2026.

Rolex Rings Ltd announced audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the standalone audited financial results on May 16, 2026. Revenue from operations for the year stood at ₹11,434.95 million. The company's profit before tax for the year is ₹1,902.89 million and net profit after tax is ₹1,410.98 million. Exceptional items include a Right of Recompense (ROR) expense of ₹504 million and an impact of ₹(12.05) million due to the implementation of new labor law.

Rolex Rings Ltd has scheduled a Board of Directors meeting on May 16, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window closure period will end 48 hours after the results are made public.

Kotak Mahindra Mutual Fund (KMMF) has disclosed a change in its shareholding in Rolex Rings Limited. KMMF sold 1,209,459 equity shares of Rolex Rings through open market transactions on April 23, 2026. This disposal reduced KMMF's holding from 4.3756% (11,916,332 shares) to 3.9315% (10,706,873 shares) of the total equity capital of Rolex Rings Limited. The disclosure was made under Regulation 29(2) of SEBI (SAST) Regulations, 2011.

Rolex Rings Limited has announced that its Board of Directors will convene on April 23, 2026, to consider a proposal for the buyback of its fully paid-up equity shares. This decision aligns with SEBI's Buy-Back of Securities Regulations, 2018. The company will inform the stock exchanges about the outcome post-meeting, adhering to LODR Regulations.

Rolex Rings Ltd has successfully settled its Right of Recompense (RoR) obligations towards consortium lenders, amounting to Rs.101 Crores. This settlement was approved and released by Union Bank of India, the lead bank of the consortium, and other member banks. The amount was recovered/ debited from the company account by the end of 31st March, 2026.

Rolex Rings Ltd has announced the closure of the trading window for the quarter and year ended 31st March, 2026. This closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and in accordance with the company's code of conduct. The trading window will remain closed from the opening hours of 1st April, 2026 till 48 hours after the conclusion of the Board Meeting for the declaration of Audited Financial Results. The exact date of the Board Meeting will be communicated separately.

Rolex Rings Ltd has reclassified Members of Promoter Group from the 'Promoter & Promoter Group' category to the 'Public' category, as per Regulation 31A(3)(a)(vii) of the Listing Regulations, 2015. This change has resulted in a shift in the shareholding pattern of the company. The updated shareholding pattern includes the list of current Promoter and Promoter Group members. This move is expected to bring transparency and better representation of shareholding structure.

Rolex Rings Ltd has announced the reclassification of members of the Promoter Group from 'Promoter & Promoter Group' category to 'Public' category shareholders. This decision was approved by the shareholders via postal ballot on March 01, 2026, and has been effected in the depository system and confirmed by the Registrar and Share Transfer Agent of the company on March 05, 2026. The reclassified Promoter Group members are now categorized as 'Public' shareholders.