The Ruby Mills Ltd.: Shri. Paras Savla Appointed Independent Director; Shri. Yogen Lathia Retires
The Ruby Mills Limited announced significant changes in its directorship following a Board Meeting held on Saturday, December 27, 2025. The Board approved the appointment of Shri. Paras Khimji Savla (...
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Why is The Ruby Mills Limited in the news today?
The Ruby Mills Limited (RUBYMILLS) is in the news due to the announcement details routine directorial changes, including an appointment and a retirement due to term completion. these are standard corporate governance events without immediate positive or negative financial implications.
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The Ruby Mills Ltd.: Shri. Paras Savla Appointed Independent Director; Shri. Yogen Lathia Retires
December 27, 2025, 12:01 PM
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The Ruby Mills Limited announced significant changes in its directorship following a Board Meeting held on Saturday, December 27, 2025. The Board approved the appointment of Shri. Paras Khimji Savla (DIN: 00516639) as an Additional Director and Independent Director for a period of five years, effective from December 27, 2025, to December 26, 2030, subject to shareholder approval. Shri. Savla is a qualified Chartered Accountant with over two and a half decades of experience, specializing in taxation, investment strategies, and corporate advisory. He has previously worked with a Big Four accounting firm.
Concurrently, Shri. Yogen Shivlal Lathia (DIN: 00299334) will retire as an Independent Director upon completion of his second consecutive term. His cessation from the board will be effective from the close of business hours on December 28, 2025.
The Board Meeting commenced at 4:30 p.m. and concluded at 5:03 p.m. The company has provided detailed information regarding these changes as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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