New Delhi, Sept. 4 -- Small-cap stock Rolex Rings witnessed a sharp spike, led by higher volumes on Thursday, September 4, following the announcement that its board has approved the stock split in the ratio of 1:10.

A meeting of the Board of Directors of the company was held today, i.e. Thursday, September 4, 2025, wherein it considered and approved the sub-division or split of the existing one equity share of the company having a face value of Rs.10 each fully paid-up, into 10 equity shares having a face value of Re 1/-each fully paid-up, Rolex Rings said in a filing today.

Explaining the rationale behind the stock split, the small-cap stock said that the split of equity shares will make the shares more affordable and attractive to inv...