Kotak Offshore sold 30,08,427 shares of Rolex Rings Limited, reducing its stake from 3.49% to 2.48%.
A leading manufacturer of forged and machined components, this company specializes in producing hot rolled forged bearing rings and automotive parts for diverse industrial applications. It serves global customers across automotive, industrial machinery, wind turbine, and railway sectors. Ranking among India's top five forging companies, it maintains vertically integrated production capabilities for complex precision components and remains a key supplier to multiple industrial segments.
India FPI activity attributed to Kotak Mahindra group affiliates and offshore funds investing in listed Indian equities.
