Rolex Rings Limited has announced a significant corporate action as its Board of Directors approved the subdivision of equity shares in a meeting held on Thursday, 4th September 2025. The move aims to make the company’s shares more affordable for retail investors and improve overall market liquidity.
Under this decision, each equity share of ₹10 face value will be split into 10 equity shares of ₹1 each, subject to shareholder approval at the upcoming 23rd Annual General Meeting (AGM) and necessary regulatory clearances.
Following the split, the company’s authorised share capital structure will stand revised, with equity shares now divided into 35.02 crore shares of ₹1 each, alongside preference shares as per the updated Memorandum of Association. The official record date for the stock split will be notified later.
The company clarified that the split would not only lower the per-share price but also increase participation from small investors, while simultaneously boosting trading volumes on the exchanges. The completion timeline is expected within two months from shareholders’ approval.
In addition to the stock split, the Board also cleared a related party transaction, approving salary payments to a relative of the promoters, in line with Section 188 of the Companies Act, 2013 and SEBI Listing Regulations.
