Announced Thu, 20 Aug · 16:25 IST
Ruby Mills sells 33rd floor of The Ruby building to Torrent Pharma for Rs 124 cr
RUBYMILLS · price
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Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹413.95
prior close
₹417.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2+0.7-1.7-5.2-7.5-4.8-3.9-5.3-6.8+8.8+10.9——
Up moveDown movePending
AI summary
Ruby Mills sold commercial premises on the 33rd floor of The Ruby building along with parking spaces to Torrent Pharmaceuticals for Rs 124.08 crores. The agreement was signed and the sale completed on August 19, 2026. The property was vacant, and the buyer is not a related party. The deal is outside any scheme of arrangement.
Likely market impact
Boosts cash reserves by Rs 124 cr. Positive for short-term liquidity; modest impact on earnings.