Rolex Rings Limited announced that Mr. Dipesh Kundaliya, vide his letter dated July 31, 2023, has submitted his resignation as an Independent Director of the company due to his personal commitments. He requested to make his resignation effective from the date of next Board meeting which shall be held after his resignation date. Mr. Dipesh Kundaliya holds Non-Executive Independent Directorship and also Member of Audit Committee, Chairman of Nomination and Remuneration Committee, and Member of Corporate Social Responsibility Committee.