Rolex Rings Completes ₹180 Crore Share Buyback

Nature of the Event

Rolex Rings Limited has completed the extinguishment of 10,000,000 equity shares bought back through a tender offer process in accordance with SEBI (Buy-Back of Securities) Regulations, 2018.

Key Quantitative Figures

• Number of shares bought back: 10,000,000 equity shares
• Buyback price: ₹180 per share
• Aggregate consideration: ₹180 crore
• Equity share capital before extinguishment: 272,333,120 shares
• Equity share capital after extinguishment: 262,333,120 shares

Dates of Action

• Public Announcement date: June 03, 2026 (published June 04, 2026)
• Record date: July 03, 2026
• Letter of Offer date: July 05, 2026
• Tendering period: July 09, 2026 to July 15, 2026
• Extinguishment date: July 28, 2026
• Certificate date: July 30, 2026
• Disclosure date: July 31, 2026

Parties Involved

• Depository: Central Depository Services (India) Limited (CDSL)
• Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
• Company Secretaries: MJP Associates
• Signatories: Hardik Dhimantbhai Gandhi (Company Secretary & Compliance Officer), Jades Manesh Dayashankar Madeka (Chairman & Managing Director), Mihir Rupeshkumar Madeka (Whole time Director)

Capital Structure Impact

Pre and Post Buyback shareholding pattern as on record date (July 03, 2026):

| Category | Pre-Buyback Shares | Pre-Buyback % | Post-Buyback Shares | Post-Buyback % |

| Promoter & Promoter Group | 142,266,251 | 52.24% | 142,266,251 | 54.23% |

| Foreign Investors | 15,887,455 | 5.83% | 15,887,455 | 6.06% |

| Financial Institutions/Banks/Mutual Funds/Insurance Co. | 77,949,346 | 28.62% | 77,949,346 | 29.72% |

| Others (Individuals, Bodies Corporate, Employees, etc.) | 36,230,068 | 13.30% | 26,230,068 | 10.00% |

| Total | 272,333,120 | 100% | 262,333,120 | 100% |

Extinguishment Details

The 10,000,000 equity shares were extinguished in dematerialized form through:

• Depository: Central Depository Services (India) Limited
• DP Name: Equirus Wealth Private Limited
• DP ID: 12097700
• Company's Client ID: 00014101
• No physical shares were extinguished

Certifications and Documentation

The company submitted:

• Certificate dated July 30, 2026 confirming extinguishment of 10,000,000 equity shares
• Letter dated July 29, 2026 from CDSL confirming extinguishment
• The information is available on company website: www.rolexrings.com