NSE · Corporate Action · Low

NSE enables web-based bidding for Rolex Rings buyback tender offer

Trading members can bid on NSE's eIPO platform for Rolex Rings' buyback from July 9-15, 2026, at Rs 180 per share, up to 1,00,00,000 shares.

06 Jul 2026 Effective July 9, 2026 Affects: Trading members and shareholders of Rolex Rings (ROLEXRINGS) participating in the buyback of up to 1,00,00,000 shares at Rs 180 each.

What changed

NSE opens web-based bidding for Rolex Rings buyback tender offer from July 9 to July 15, 2026.
All Capital Market segment trading members eligible; existing IPO credentials work.
Bidding window 9:15 a.m.-3:30 p.m. daily; custodial confirmation till 4 p.m. on closure day.

The read

NSE has operationalised its Tender Offer Scheme infrastructure for Rolex Rings' buyback. Trading members can place bids through the eIPO platform from July 9 to July 15, 2026, for up to 1,00,00,000 equity shares at Rs 180 apiece. Existing IPO platform credentials work; members without access must set up branches via Adminxxxxx login. This is a routine corporate action — no change in rules, just a specific offer being processed through the exchange's standard system. Shareholders should ensure their trades are placed within the daily 9:15 a.m. - 3:30 p.m. window.

Rolex Rings LimitedRs 180 per share1,00,00,000 shares

Primary source: official circular (PDF)