Rolex Rings Limited — Dividend/Bonus, 05-07-2026: Buyback

Rolex Rings has announced a buyback offer of up to 10 million shares via a tender offer at ₹180 per share, totaling ₹180 Cr. The buyback opens on July 9, 2026, and closes on July 15, 2026. Promoters will not participate. This move aims to return surplus funds to shareholders, boost EPS, and improve return on equity by reducing the equity base. Post-buyback, promoter stake could rise to 54.23% from 52.24% if other eligible shareholders tender fully.