Rolex Rings Limited , a leading manufacturer of bearing rings and auto components, has announced a significant move to enhance its stock's accessibility and liquidity in the market. The company's board of directors has approved a proposal for a 1:10 equity share split, subject to shareholder approval at the upcoming Annual General Meeting.

Key Details of the Share Split

• Current Share Structure: 1 equity share with a face value of ₹10
• Proposed Share Structure: 10 equity shares with a face value of ₹1 each
• Rationale: To make shares more affordable and attractive to investors, particularly retail participants
• Expected Outcome: Enhanced liquidity of the company's shares in the market

Board Meeting Outcome

The decision was made during a board meeting held on September 4, 2025. The company disclosed this information in a regulatory filing to the stock exchanges, in compliance with SEBI regulations. The board meeting, which commenced at 12:05 PM and concluded at 12:20 PM, also addressed other important matters.

Changes in Share Capital Structure

If approved, the share split will result in significant changes to Rolex Rings' share capital structure:

The face value of shares will change from ₹10 to ₹1 each. The total value of the authorized and paid-up capital will remain unchanged at ₹35,02,50,000 and ₹27,23,33,120 respectively.

Additional Board Approvals

In addition to the share split, the board also approved:

1. Alteration of the Capital Clause in the company's Memorandum of Association, subject to shareholder approval.
2. A related party transaction involving salary payment to relatives of promoters, which will be presented for member approval at the upcoming Annual General Meeting.

Next Steps

The share split proposal will be presented for shareholder approval at the company's 23rd Annual General Meeting. If approved, the implementation is expected to take approximately two months, subject to completion of statutory requirements.

Rolex Rings will announce the record date for the share split in due course, following necessary approvals.

Investors and stakeholders are advised to monitor further announcements from the company regarding the implementation of this corporate action.

Rolex Rings , a prominent player in the auto components sector, has announced a significant development that could potentially reshape its share structure. The company has scheduled a board meeting for September 3, 2025, to deliberate on two key corporate actions: a stock split and a bonus issue.

Board Meeting Details

The board of directors of Rolex Rings will convene to evaluate proposals for these corporate actions, which, if approved, could have substantial implications for the company's shareholders.

Stock Split Consideration

One of the primary agenda items for the upcoming board meeting is the consideration of a stock split. A stock split is a corporate action in which a company divides its existing shares into multiple shares. While this action doesn't change the overall value of an investor's holdings, it can make the stock more accessible to a broader range of investors by reducing the price per share.

Bonus Issue Evaluation

In addition to the stock split, the board will also discuss the possibility of a bonus issue. A bonus issue, also known as a capitalization issue, involves the company issuing additional shares to existing shareholders without any cost. This move effectively increases the number of outstanding shares while maintaining each shareholder's proportional ownership in the company.

Potential Impact

If approved, these corporate actions could significantly affect Rolex Rings' share structure and potentially its market liquidity. Stock splits and bonus issues are often viewed positively by the market as they can increase the affordability and attractiveness of a company's shares to retail investors.

Investor Considerations

Shareholders and potential investors of Rolex Rings should keep a close watch on the outcome of this board meeting. The decisions made regarding the stock split and bonus issue could influence the company's stock price and trading volumes in the short term.

It's important to note that while these corporate actions are under consideration, the final decision will be subject to board approval and any necessary regulatory clearances.

Rolex Rings, known for its expertise in manufacturing bearing rings, automotive components, and industrial components, continues to demonstrate its commitment to enhancing shareholder value through these potential corporate actions.

Investors are advised to await the official announcement following the board meeting on September 3, 2025, for concrete details on the proposed stock split and bonus issue.