ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
4 announcements with these filters
Rolex Rings Limited announced a ₹180 Crore equity share buyback at ₹180 per share. The tender offer involves 10 million shares, representing a significant capital return.
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.
Rolex Rings Limited's Board approved a buyback of up to 1,00,00,000 equity shares at ₹180 per share, totaling ₹180 Crore. The buyback, representing 3.67% of total paid-up capital, will be conducted via a tender offer. This capital return is subject to shareholder approval through a postal ballot.
Rolex Rings Limited has scheduled a board meeting for April 23, 2026, to consider a proposal for the buyback of fully paid-up equity shares. The outcome will be disclosed following the meeting's conclusion.