Buyback complete - 1 crore shares extinguished at Rs 180 per share
ROLEXRINGS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.8 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Rolex Rings has completed extinguishment of 10,000,000 equity shares bought back at Rs 180 per share for an aggregate Rs 180 crores, via the tender offer route. Equity capital reduced from 27.23 crore to 26.23 crore shares. Promoter holding rose from 52.24% to 54.23% post-buyback. Tendering period was July 9 to July 15, 2026.
Lower share count may lift EPS and ROE. Promoter stake rose to 54.23%, signalling promoter confidence in the company.