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Merger & Restructuring

Rolex Rings Merger & Restructuring Worth ₹180 Cr

Rolex Rings Limited has approved a share buy-back worth ₹180 Crore via a tender offer. The company proposes to buy back 1,00,00,000 equity shares at a price of ₹180 per share. This represents a significant capital return to shareholders, as the buy-back size exceeds 10% of total paid-up equity and free reserves.

Key figures
Value₹180.0 Cr
Source

NSE filing, NSE: ROLEXRINGS. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Rolex Rings Ltd: key numbers

Share price
₹168.54
Market cap
₹4,590 Cr
Revenue (annual)
₹1,144 Cr
Net profit (annual)
₹141.1 Cr
P/E (TTM)
30.2×Sector 30.9×
Promoter holding
54.24%+2.00% QoQ
FII holding
6.44%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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