The Ruby Mills Limited has informed the Exchange about change in Management
RUBYMILLS · price
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The Ruby Mills Limited has informed the stock exchanges that shareholders approved the appointment of Shri. Paras Khimji Savla as a Non-Executive and Independent Director at the Extra-Ordinary General Meeting held on March 26, 2026. The appointment is for a five-year term effective December 27, 2025 to December 26, 2030. Shri Savla is a qualified Chartered Accountant from ICAI and ICAEW, with over 25 years of experience in taxation, M&A, valuation, insolvency resolution, and ESG advisory, including prior work with a Big Four firm. He is not related to any existing director and has not been debarred by SEBI or disqualified under Section 164 of the Companies Act, 2013.
This is a routine board-level appointment that strengthens the company's independent oversight. The appointee's strong financial and tax advisory background may add value to strategic and compliance matters, but it is unlikely to cause any immediate share price movement.