Rolex Rings Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Rolex Rings Limited has approved the financial results for the quarter and half-year, reporting revenue of ₹1183.27 Cr and net profit of ₹174 Cr for the year ended March 31, 2025. Results include a ₹50.6 Cr provision related to a ₹227.86 Cr bank demand, with management negotiating with the bank consortium. The board also approved appointing MJP Associates as Secretarial Auditors for five years, pending shareholder approval. The company remains focused on governance as it navigates ongoing legal discussions.