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 1 equity shares of Rs. 10 each into 10 equity shares of Re. 1 each.
ROLEXRINGS · price
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The Board of Directors of Rolex Rings Limited, at its meeting on September 4, 2025, approved the subdivision (stock split) of 1 equity share of Rs. 10 face value into 10 equity shares of Re. 1 each. This means every shareholder will receive 10 shares for every 1 share held, while the total value of their holdings remains unchanged. The split is subject to shareholder and regulatory approvals. No change in the company's overall market capitalisation or fundamentals is expected from this corporate action.
Share price is likely to adjust downward proportionally (roughly to one-tenth of its pre-split level), improving affordability and liquidity for retail investors. Existing shareholders' total investment value remains the same immediately after the split.