ROLEXRINGSBSERolex Rings LtdHighPositive
Announced Mon, 29 Jun · 15:52 IST

Buyback record date set for July 3, 2026

Corporate Actions View source PDF

ROLEXRINGS · price

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Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹147.85
prior close
₹148.75
base price
After-mkt
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+0.2-0.0+0.1-0.2+1.1+1.9-3.5-6.0-4.6-3.3+2.0
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AI summary

Rolex Rings has fixed Friday, July 3, 2026 as the record date for its buyback of up to 1 crore equity shares at Rs. 180 per share, aggregating up to Rs. 180 crore via the tender offer process on a proportionate basis. Shareholders on the record date will be eligible to tender their shares. The buyback was first approved by the board on April 23, 2026 and by shareholders on June 2, 2026.

Likely market impact

Eligible shareholders can tender shares at Rs. 180 each. Buybacks generally lend price support and signal management confidence.