Rolex Rings Limited has announced the approval of a stock split during its Board meeting held on September 4, 2025. The decision involves subdividing 1 equity share of ₹10 face value into 10 equity shares of ₹1 each, subject to shareholder approval at the 23rd Annual General Meeting (AGM).
This move, alongside a related party transaction, marks a significant development in the company’s corporate actions.
The Board cleared a proposal to split its shares in the ratio of 1:10 by reducing the face value from ₹10 to ₹1. While the total paid-up share capital remains unchanged at ₹27,23,33,120, the number of issued shares will rise from 2,72,33,312 to 27,23,33,120. The authorised share capital will also stand restructured with no change in the aggregate value of ₹35,02,50,000. The record date for this split will be declared later by the company.
After the subdivision, Rolex Rings’ authorised equity capital will consist of 35,02,50,000 equity shares of ₹1 each, while the aggregate value remains ₹35,02,50,000. The company clarified that the adjustment of the Capital Clause of the Memorandum of Association will be subject to necessary nods from shareholders and regulators.
Read More: 1:10 Bonus Share: Welcure Drugs Signs LOI with Telexcell for 25% Equity Investment at ₹20 Per Share!
The Board also approved the payment of salary to a promoter’s relative under Section 188 of the Companies Act, 2013 and Regulation 23 of SEBI (LODR). Based on the Audit Committee’s recommendation, the proposal will be placed before members for approval at the AGM.
The rationale behind the split is to make the company’s shares more affordable to retail investors and improve liquidity in trading. The process is expected to be concluded within approximately 2 months from receiving shareholder approval, subject to the fulfilment of statutory and regulatory requirements. The record date will be intimated in due course through official channels.
The Board meeting took place on September 4, 2025, commencing at 12:05 PM and concluding at 12:20 pm. The final decision now rests on shareholder approval at the 23rd AGM, where both the stock split and related party transaction resolutions will be tabled.
On September 4, 2025, Rolex Rings share price opened at ₹1,410.00 on NSE, above the previous close of ₹1,399.30. During the day, it surged to ₹1,449.30 and dipped to ₹1,395.00. The stock is trading at ₹1,438.00 as of 1:15 PM. The stock registered a significant gain of 2.77%.
Over the past week, it has moved up by 5.60%, over the past month, it has moved up by 2.70%, and over the past 3 months, it has declined by 10.24%.
Rolex Rings’ 1:10 stock split reflects its intention to enhance investor accessibility and liquidity. With shareholder approval pending at the 23rd AGM, the company is set to execute this corporate restructuring within the coming months, aligning with its strategic growth initiatives.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Sep 4, 2025, 2:24 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
