Latest news about Rolex Rings
Rolex Rings
143.07
-5.21(-3.51%)
Company Performance:
View Company Insights1D-3.51%
1M+6.80%
6M+29.39%
1Y-0.36%
5Y+22.60%
More news about Rolex Rings
01Apr 26
Rolex Rings Limited Completes Rs.101 Crore Right of Recompense Settlement with Consortium Lenders
Rolex Rings Limited has completed the final settlement of its Right of Recompense (RoR) obligations worth Rs.101 crores with consortium lenders on March 31, 2026. Union Bank of India, as the lead bank, along with other member banks, approved and facilitated the settlement by recovering the full amount from the company's account. This completion fulfills the company's banking obligations and demonstrates its commitment to honoring financial commitments with consortium lenders.
06Mar 26
Rolex Rings Submits Updated Shareholding Pattern Following Promoter Reclassification
Rolex Rings Limited has submitted its updated shareholding pattern to BSE and NSE following the completion of promoter group reclassification on March 5, 2026. The company's promoter and promoter group holding now stands at 52.24% with 14,22,66,251 shares, while public shareholding comprises 47.76% with 13,00,66,869 shares out of total 27,23,33,120 shares.
09Feb 26
Rolex Rings Reports Q3FY26 Results: Revenue ₹2,748 Cr, Net Profit ₹478 Cr
Rolex Rings Limited announced strong Q3FY26 results with revenue of ₹2,748.37 million and net profit of ₹477.53 million, marking significant growth over previous year. The company maintains provisions for banking consortium matters while completing stock split and compliance with new Labour Codes.
29Jan 26
Rolex Rings Limited Issues Postal Ballot Notice for Director Remuneration Revisions and Promoter Reclassification
Rolex Rings Limited has issued a postal ballot notice dated January 27, 2026, proposing significant remuneration increases for key directors and promoter group reclassification. Chairman & Managing Director Manesh Dayashankar Madeka's monthly remuneration will increase to Rs. 14,00,000, while Whole-time Directors Bhautik Dayashankar Madeka and Mihir Rupeshkumar Madeka will receive Rs. 14,00,000 and Rs. 10,00,000 respectively. The ballot also seeks approval for reclassifying Hemal Paresh Madeka (1.13% shareholding) and Sanjay Bhagwanji Bole from promoter group to public category. E-voting runs from January 31 to March 1, 2026, with strong financial performance supporting the proposed changes.
21Jan 26
Rolex Rings Limited Receives Stock Exchange Approval for Promoter Group Reclassification
Rolex Rings Limited has received approval from BSE and NSE on January 21, 2026, for reclassifying two promoter group members to public category under SEBI Regulation 31A. Mr. Hemal Paresh Madeka, holding 1.13% stake with 30,90,000 shares, and Mr. Sanjay Bhagwanji Bole, with no current shareholding, will transition from promoter group to public shareholder status following the November 2025 application.
03Jan 26
Rolex Rings Promoter Pledges 73 Lakh Equity Shares to Financial Institutions
Rolex Rings Limited promoter Manesh Dayashankar Madeka has pledged 73 lakh equity shares to two financial institutions - 23 lakh shares to Equitus Finance Private Limited and 50 lakh shares to Tata Capital Limited. The pledge, created on December 31, 2025, represents 2.68% of the company's total share capital and 5.02% of the promoter's total holding of 2.59 crore shares.
10Nov 25
Rolex Rings Reports Decline in Q2 FY26 Financial Performance
Rolex Rings Limited, an auto component manufacturer, reported a decline in Q2 FY26 financial performance. Revenue decreased by 9.62% to 2,713.83 million rupees, while net profit fell by 10% to 443.38 million rupees compared to Q2 FY25. EBITDA decreased to 548 million rupees with a margin of 20.21%, down 177 basis points. The company's half-year total income stood at 5,929.30 million rupees with a net profit of 934.94 million rupees. Despite the quarterly decline, Rolex Rings maintains a strong balance sheet with total assets of 13,660.28 million rupees and total equity of 11,655.64 million rupees. The company also implemented a 1:10 stock split in October 2025.
Industry Peers
Samvardhana Motherson International
Bosch
Bharat Forge
Schaeffler India
UNO Minda
Tube Investment
Endurance Technologies
Sona BLW Precision Forgings
Exide Industries
ZF Commercial
128.75
(-0.90%)
37,155.00
(-1.55%)
1,891.00
(-1.16%)
3,974.20
(-1.37%)
1,067.80
(-4.81%)
2,815.00
(-1.24%)
2,526.70
(-0.86%)
567.55
(-1.05%)
342.85
(-1.78%)
14,358.00
(-1.09%)
Get More Market Insights with
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
