Rolex Rings sets July 3 as record date for ₹180-crore share buyback

Rolex Rings has fixed July 3, 2026 as the record date for its share buyback of up to 1 crore equity shares at ₹180 per share through the tender offer route, aggregating to about ₹180 crore. The buyback price represents a 22% premium over the latest closing price of ₹148. Despite the buyback, the stock is down 47% from its September 2024 record high of ₹279.40, and the company reported a marginal net loss of ₹0.15 crore for Q4 FY26 against a profit of ₹54.64 crore a year earlier, while full-year FY26 net profit fell to ₹141 crore from ₹174 crore.