Announced Sun, 5 Jul · 15:46 IST
Rolex Rings buyback opens July 9 at Rs 180 per share
ROLEXRINGS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹142.67
prior close
₹141.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.1-1.2-0.9-1.1-3.1+0.2-1.2+1.2+9.8-2.9———
Up moveDown movePending
AI summary
Rolex Rings Limited announces Letter of Offer for buyback of up to 10 million equity shares (3.67% of paid-up capital) at Rs 180 per share, totaling Rs 180 crore. Buyback price represents a 41.97% premium over 60-day VWAMP and 40.41% over 10-day VWAMP. Record date was July 3, 2026. Buyback window opens July 9 and closes July 15, 2026. Promoters will not participate. Through tender offer on proportionate basis.
Likely market impact
Shareholders can tender shares at Rs 180, about 42% above recent market price. Positive signal. EPS may rise post buyback as share count reduces.