Description

NSE announces face value split of Rolex Rings Limited equity shares from Rs. 10 to Re. 1, effective October 17, 2025.

Summary

National Stock Exchange of India has announced that Rolex Rings Limited (ROLEXRINGS) will undergo a face value split of its equity shares. The face value and paid-up value will be reduced from Rs. 10 to Re. 1, representing a 1:10 stock split ratio.

Key Points

  • Company: Rolex Rings Limited
  • Symbol: ROLEXRINGS
  • Current face value: Rs. 10
  • New face value: Re. 1
  • Split ratio: 1:10 (each share of Rs. 10 will be split into 10 shares of Re. 1)
  • Effective date: October 17, 2025
  • Circular reference: NSE/CML/70639, Circular No. 1931/2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action pursuant to existing SEBI and Companies Act provisions governing face value splits.

Compliance Requirements

  • All NSE members must update their systems to reflect the new face value and adjusted share quantities
  • Trading systems must be configured for the new denomination effective October 17, 2025
  • Existing shareholders will receive 10 shares of Re. 1 for every 1 share of Rs. 10 held
  • No action required from investors; adjustment will be automatic

Important Dates

  • Circular issue date: October 06, 2025
  • Effective date of face value split: October 17, 2025

Impact Assessment

Market Impact: The face value split will increase the number of outstanding shares by 10 times while proportionally reducing the price per share. This typically improves liquidity and makes shares more accessible to retail investors by lowering the absolute price per share.

Investor Impact: Existing shareholders will see their shareholding quantity multiply by 10, with the market capitalization remaining unchanged. No dilution of ownership or value occurs.

Trading Impact: Post-split trading will commence at approximately 1/10th of the pre-split price, potentially increasing trading volumes and participation from smaller investors.

Impact Justification

Face value split is a significant corporate action affecting share price and liquidity but does not change fundamental company value or require immediate compliance actions from market participants.