Rolex Rings Limited has informed the Exchange that the Board of Directors at its meeting held on September 04, 2025, has considered and approved subdivision of 27233312 equity shares of 10 each into 272333120 equity shares of 1 each.
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 0.2 pts more than Nifty Microcap 250 and 0.3 pts more 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 Limited's Board of Directors, at its meeting on September 04, 2025, approved the subdivision of 2,72,33,312 equity shares of face value Rs 10 each into 27,23,33,120 equity shares of face value Rs 1 each. This is effectively a 10:1 stock split, where each existing share will be divided into 10 shares. The total share capital value remains unchanged; only the number of shares and face value per share change. Existing shareholders will automatically receive 10 shares for every 1 share they hold.
This stock split makes the share price more affordable for retail investors and typically improves liquidity in the stock. It does not change the company's fundamentals or the total value of a shareholder's holdings, though the share price will adjust downward proportionally (roughly to 1/10th of the pre-split price).