RUBYMILLSNSEThe Ruby Mills Limited· Textile ProductsHighPositive
Announced Mon, 26 May · 22:48 IST

The Ruby Mills Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2025, recommended Final Dividend of Rs. 1.75 per equity share.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of The Ruby Mills Limited met on May 26, 2025, and recommended a Final Dividend of Rs. 1.75 per equity share. This is the dividend amount proposed by the board, which will need shareholder approval at the upcoming Annual General Meeting. The record date and payment timeline will be announced separately. This signals the company's intent to return profits to shareholders despite challenging market conditions in the textile sector.

Likely market impact

Shareholders will receive Rs. 1.75 per share as dividend once approved at the AGM. The actual yield impact depends on the current share price, which is not provided in the announcement.