New Delhi, Sept. 1 -- Rolex Rings, one of the leading manufacturers of forged and machined components, informed investors through an exchange filing on Monday that its board of directors will meet on Thursday, September 4, to consider a proposal for the subdivision (stock split) of the face value of its equity shares, subject to approval by the company's members.

If approved, this will mark the company's first-ever stock split. Rolex Rings also announced that the trading window for dealing in its securities will remain closed from September 1, 2025, to September 4, 2025.

A stock split is a corporate action initiated by a company to improve the liquidity of its shares in the secondary market. It involves dividing existing shares into mul...