In continuation of previous letter dated June 20, 2025, we wish to inform you that Deputy Director,Directorate of Enforcement, Vide Order dated October 16, 2025 received by the Company onOctober 24, 2025, have attached the Company's bank balance of Rs. 2,59,90,569 /- held with Bankof India.
RUBYMILLS · price
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The Ruby Mills has informed stock exchanges that the Deputy Director of the Enforcement Directorate (ED) has issued an order on October 16, 2025, attaching (freezing) the company's bank balance of Rs. 2,59,90,569 held with Bank of India. The company received this order on October 24, 2025. This is a continuation of a previous letter dated June 20, 2025, suggesting an ongoing ED investigation into the company.
Negative news for shareholders — attachment of nearly Rs. 2.6 crore signals an active enforcement probe against the company, which may create operational and liquidity concerns and could weigh on the stock price in the short term.