RUBYMILLSNSEThe Ruby Mills Limited· Textile ProductsMediumNeutral
Announced Fri, 27 Mar · 15:49 IST

The Ruby Mills Limited has informed the Exchange regarding Change in Director(s) of the company.

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
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-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
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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 an Extra-Ordinary General Meeting held on March 26, 2026. His term runs for five years, from December 27, 2025 to December 26, 2030. Shri Savla is a qualified Chartered Accountant from ICAI and ICAEW (England & Wales), with over 25 years of experience in taxation, M&A, valuation, insolvency resolution, and ESG advisory. He has previously worked with one of the Big Four accounting firms in Transaction Tax Services. The filing confirms he has no relationship with existing directors and is not debarred or disqualified under Section 164 of the Companies Act, 2013.

Likely market impact

This is a routine governance update — the addition of a financially qualified independent director is generally viewed positively as it strengthens board expertise in tax, M&A, and regulatory matters, with no immediate material impact expected on the stock price.