The Board of Directors of The Ruby Mills Limited, in a meeting held on Saturday, December 27, 2025, approved the appointment of Shri. Paras Khimji Savla (DIN: 00516639) as an Additional Director and Independent Director for a term of five years, effective from December 27, 2025, to December 26, 2030. This appointment is subject to the approval of the company's members. Concurrently, Shri. Yogen Shivlal Lathia (DIN: 00299334) will retire upon completion of his second consecutive term as an Independent Director, with his cessation effective from the close of business hours on December 28, 2025. Shri. Paras Khimji Savla is a qualified Chartered Accountant from the Institute of Chartered Accountants of India and the Institute of Chartered Accountants of England and Wales. He holds qualifications in IBBI, ICAEW, ICAI, CFE, and a Bachelor of Commerce from Mumbai University. He brings over two and a half decades of extensive experience in domestic and international taxation, investment strategies, transaction structuring, valuation, mergers, demergers, acquisitions, insolvency resolution, direct tax litigations, CSR, and ESG. He has previously worked with one of the Big Four accounting firms in Transaction Tax Services. There is no disclosed relationship between Shri. Savla and other directors of the company, and he has not been debarred from holding a directorship by any SEBI order or other authority, nor is he disqualified under Section 164 of the Companies Act, 2013. The board meeting commenced at 4:30 p.m. and concluded at 5:03 p.m.