Bhautik Dayashankar Madeka has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Bhautik Dayashankar Madeka, promoter of Rolex Rings Limited, has filed the annual compliance disclosure under SEBI Takeover Regulations for FY 2024-25. The promoter declared that he along with persons acting in concert have not created any encumbrance (pledge, lien, or charge) on their shares during the financial year. The total promoter and promoter group holding stands at 1,45,27,818 shares, representing 53.35% of the company's total share capital as on 31 March 2025. The promoter group includes 14 individuals from the Madeka family, with the largest individual holdings being Rupesh Dayashankar Madeka at 10.00% and Jiten Dayashankar Madeka at 9.87%.
This is a routine annual compliance filing confirming that no new pledges or encumbrances were created by promoters during the year. With promoter holding steady at 53.35% and no encumbrance activity, there is no immediate governance red flag for shareholders.