Rolex Rings, based in Gujarat, India, has announced a buyback of equity shares worth ₹180 crore (approximately $21.6 million USD) at a price of ₹180 per share. The company plans to acquire 10 million fully paid-up equity shares, which accounts for 3.67% of its paid-up capital. The buyback is within the limit of 25% of the aggregate of the company's total paid-up capital and free reserves, as per its latest audited financial statements dated March 31, 2025. Notably, the promoters and promoter group entities, who collectively hold 52.24% of the company, have opted out of participating in this buyback. In its latest financial results for Q3 December 2025, Rolex Rings reported a significant net profit increase of 136.50%, reaching ₹47.75 crore, while net sales rose by 5.76% to ₹274.84 crore compared to Q3 December 2024. Despite this positive financial performance, the company's shares declined by 1.57% to settle at ₹153.85 on the Bombay Stock Exchange (BSE).