RUBYMILLSNSEThe Ruby Mills Limited· Textile ProductsMediumNeutral
Announced Fri, 27 Mar · 15:46 IST

The Ruby Mills Limited has informed the Exchange about change in Management

Management Changes View source PDF

RUBYMILLS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹200.00
prior close
₹201.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.9-0.9-0.8+2.0+4.0+3.3+5.4+10.9+17.5+16.0+17.7+23.9+62.0
Up moveDown movePending
AI summary

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.

Likely market impact

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.