The Ruby Mills CEO, chairman, board of directors and AGM
NSE: RUBYMILLSBSE: 503169Textiles & ApparelsSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹480.95.
30 Oct: open ₹477.40, high ₹487.95, low ₹469.00
- Under NSE's long-term additional surveillance, stage I, on the list for 30 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,584 Cr1,621st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 36.55
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed. Price to book: how it is worked out
- 2.35
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.53%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 6.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 5.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed.
- 0.55
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 5,78967.6% delivered
The Ruby Mills' chairperson is HIREN MANHARLAL SHAH, its managing director BHARAT MANHARLAL SHAH, its managing director VIRAJ MANHARLAL SHAH and its chief executive PURAV HIREN SHAH, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 24 Sep 2026.
The Ruby Mills board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonHIREN MANHARLAL SHAHRelated to the promoter
- Managing directorBHARAT MANHARLAL SHAH
- Managing directorVIRAJ MANHARLAL SHAH
- Chief executivePURAV HIREN SHAH
10 directors5 independent4 executive1 non-executive
- HIREN MANHARLAL SHAH · ChairpersonExecutive · joined Oct 1977 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- BHARAT MANHARLAL SHAH · Managing directorExecutive · joined Nov 1994 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- VIRAJ MANHARLAL SHAH · Managing directorExecutive · joined Nov 1994 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- PURAV HIREN SHAH · Chief executiveExecutive · joined Dec 2017 · reappointed Dec 2022 · 1 listed board
- GURUDAS VISHWAS ARASIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 3 listed boards · 3 as independent · 3 committee seats
- MEHERNOSH RUSI CURRAWALLAIndependent · joined Nov 2017 · reappointed Nov 2022 · 106 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- DEEPAK RAMESHCHANDRA SHAHNon-executive · joined Nov 2014 · reappointed Sep 2024 · 4 listed boards · 3 as independent · 5 committee seats, 2 as chair
- JASVANTI AMAR PATELIndependent · joined Mar 2020 · reappointed Mar 2025 · 78 months as independent · 1 listed board · 1 as independent
- RAHUL GAUTAM DIVANIndependent · joined Sep 2020 · reappointed Sep 2025 · 72 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- PARAS KHIMJI SAVLAIndependent · joined Dec 2025 · reappointed Dec 2025 · 9 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 4 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- YOGEN SHIVLAL LATHIA, left 28 Dec 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 24 Sep 20269 of 10 present5 independent · 42 days in between
- 12 Aug 202610 of 10 present5 independent · 75 days in between
- 28 May 202610 of 10 present5 independent · 32 days in between
- 25 Apr 202610 of 10 present5 independent
Audit Committee
Chair RAHUL GAUTAM DIVAN
DEEPAK RAMESHCHANDRA SHAH, PARAS KHIMJI SAVLA
- 12 Aug 20263 of 3 present2 independent · 75 days in between
- 28 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair MEHERNOSH RUSI CURRAWALLA
GURUDAS VISHWAS ARAS, DEEPAK RAMESHCHANDRA SHAH
- 12 Aug 20263 of 3 present2 independent · 75 days in between
- 28 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair MEHERNOSH RUSI CURRAWALLA
HIREN MANHARLAL SHAH, BHARAT MANHARLAL SHAH, VIRAJ MANHARLAL SHAH
- 28 May 20264 of 4 present1 independent
Risk Management Committee
Chair RAHUL GAUTAM DIVAN
DEEPAK RAMESHCHANDRA SHAH, PURAV HIREN SHAH, RISHABH VIRAJ SHAH
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair MEHERNOSH RUSI CURRAWALLA
HIREN MANHARLAL SHAH, VIRAJ MANHARLAL SHAH
- 28 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- CNK & Associates LLPPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
The Ruby Mills AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.The Ruby Mills dividend history
Annual general meeting, 24 Sep 2026
9,939 shareholders on the register on 17 Sep 2026; present: 13 promoters and 23 others; votes counted by Anuja Parikh / Parikh & Associates.
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended 31st March, 2026 together with the Report of the Board of Directors and Auditors thereon.MoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 57.21% · promoters 74.32% · institutions 50.98% · other public 6.11%
- To declare the final dividend on Equity Shares for the Financial Year ended 31st March, 2026 of Rs. 2.50 per fully paid-up equity shares.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 57.21% · promoters 74.32% · institutions 50.98% · other public 6.11%
- To appoint a Director in place of Shri. Deepak Rameshchandra Shah (DIN 06954206) who retires by rotation and being eligible for re-appointment offers himself for re-appointment.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 57.21% · promoters 74.32% · institutions 50.98% · other public 6.11%
- Ratification of Cost Auditor RemunerationOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 57.21% · promoters 74.32% · institutions 50.98% · other public 6.11%
- Approval of Remuneration to be paid to Shri. Hiren M. Shah (DIN-00071077), Executive Chairman of the Company.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.48%
Turnout: all 57.21% · promoters 74.32% · institutions 50.98% · other public 6.11%
- Approval of Remuneration to be paid to Shri. Bharat M. Shah (DIN-00071248), Managing Director of the Company.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.48%
Turnout: all 57.21% · promoters 74.32% · institutions 50.98% · other public 6.11%
- Approval of Remuneration to be paid to Shri. Viraj M. Shah DIN-00071616 Managing Director of the Company.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.48%
Turnout: all 57.21% · promoters 74.32% · institutions 50.98% · other public 6.11%
- Approval for Increment in Remuneration of Shri. Purav Hiren Shah DIN: 00123460 as the CEO, Whole Time Director and CFO of the Company.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 1.48%
Turnout: all 57.21% · promoters 74.32% · institutions 50.98% · other public 6.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 26 Mar 2026, 1 resolution
12,890 shareholders on the register on 19 Mar 2026; present: 11 promoters and 20 others; votes counted by Anuja Parikh / Parikh & Associates.The company's voting result
- APPOINTMENT OF SHRI PARAS K. SAVLA (DIN: 00516639) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 14.02%
Turnout: all 66.91% · promoters 89.12% · institutions 0.00% · other public 0.62%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 9 Sep 2025, 6 resolutions
13,462 shareholders on the register on 2 Sep 2025; present: 6 promoters and 85 others; votes counted by Saurabh Agarwal / MMJB & Associates LLP.The company's voting result
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.56%
Turnout: all 66.07% · promoters 88.18% · institutions 100.00% · other public 0.07%
- To declare the final dividend on Equity Shares for the Financial Year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.56%
Turnout: all 66.07% · promoters 88.18% · institutions 100.00% · other public 0.07%
- To appoint a director in place of Shri. Hiren Manharlal Shah (DIN - 00071077) who retires by rotation and being eligible for re-appointment, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 31.69%
Turnout: all 66.07% · promoters 88.18% · institutions 100.00% · other public 0.07%
- Ratification of Cost Auditor RemunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.56%
Turnout: all 66.07% · promoters 88.18% · institutions 100.00% · other public 0.07%
- Appointment of Secretarial AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.56%
Turnout: all 66.07% · promoters 88.18% · institutions 100.00% · other public 0.07%
- Appointment of Shri Rahul Gautam Divan (DIN :00001178) as an independent director of the company in terms of section 149 of the companies act 2013 for a second term of five consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.45%
Turnout: all 66.07% · promoters 88.18% · institutions 100.00% · other public 0.07%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 30 May 2025, 1 resolution
14,313 shareholders on the register on 25 Apr 2025; votes counted by Saurabh Agarwal / MMJB & Associates LLP.The company's voting result
- Re-appointment of Mrs. Jasvanti Amar Patel (DIN: 08717159) as a Non-Executive Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 12.54%
Turnout: all 54.74% · promoters 73.03% · institutions 0.00% · other public 0.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 27 Nov 2024, 3 resolutions
- Appointment of Deepak R Shah (DIN: 06954206) as a Non-Executive Non -Independent Director of the CompanyOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 17.81%
Turnout: all 69.16% · promoters 92.10% · institutions 0.00% · other public 0.72%
- Appointment of Gurudas Vishwas Aras (DIN: 02187903) as a Non-Executive Independent Director of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 7.89%
Turnout: all 69.16% · promoters 92.10% · institutions 0.00% · other public 0.72%
- To approve the payment of Commission to Non-Executive Directors of the CompanySpecial99.81% for0.19% against
Against: promoters 0.00% · institutions 0.00% · other public 72.52%
Turnout: all 69.16% · promoters 92.10% · institutions 0.00% · other public 0.72%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Sep 2024, 4 resolutions
Present: 6 promoters and 44 others.
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2024 together withnthe Report of the Board of Directors and Auditors thereonOrdinary82.89% for17.11% against
Against: promoters 0.00% · institutions 0.00% · other public 17.11%
Turnout: all 0.53% · promoters 0.00% · institutions 0.00% · other public 2.09%
- To declare the final dividend of Rs. 1.75 (35%) per fully paid-up Equity Shares having face value Rs. 5 for the Financial Year ended 31stnMarch, 2024Ordinary82.89% for17.11% against
Against: promoters 0.00% · institutions 0.00% · other public 17.11%
Turnout: all 0.53% · promoters 0.00% · institutions 0.00% · other public 2.09%
- To appoint a director in place of Shri Purav Hiren Shah (DIN - 00123460) who retires by rotation and being eligible for re-appointment, offersnhimself for re-appointment.OrdinaryPromoters have an interest in it82.87% for17.13% against
Against: promoters 0.00% · institutions 0.00% · other public 17.13%
Turnout: all 0.53% · promoters 0.00% · institutions 0.00% · other public 2.09%
- Ratification of Cost Auditor RemunerationOrdinary82.87% for17.13% against
Against: promoters 0.00% · institutions 0.00% · other public 17.13%
Turnout: all 0.53% · promoters 0.00% · institutions 0.00% · other public 2.09%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2023, 8 resolutions
Present: 10 promoters and 24 others.
- To receive, consider and adopt the Audited Financial Statements of the Company for the tfinancial year ended 31st March, 2023 together with the Report of the Board of Directors and tAuditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 57.50% · promoters 76.02% · institutions 0.00% · other public 2.22%
- To declare the final dividend on Equity Shares for the Financial Year ended 31st March, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 57.50% · promoters 76.02% · institutions 0.00% · other public 2.22%
- To appoint a Director in place of Shri. Bharat Manharlal Shah (DIN - 00071248) who retires by rotation and being eligible for reappointment,noffers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 57.50% · promoters 76.02% · institutions 0.00% · other public 2.22%
- Ratification of Cost Auditor Remuneration for the financial year 2023-24.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 57.50% · promoters 76.02% · institutions 0.00% · other public 2.22%
Re-appointment of Shri. Hiren M. Shah (DIN: 00071077) who will attain the age of seventy years as the Executive Chairman of thenCompany for a period of five years with effect from 1st April 2024 up to 31st March 2029 and approval of his remuneration for a period ofnthree years with effect from 1st April 2024 up to 31st March 2027MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 57.50% · promoters 76.02% · institutions 0.00% · other public 2.22%
Re-appointment of Shri. Bharat M. Shah (DIN: 00071248) as the Managing Director of the Company for a period of five years with effectnfrom 1st April 2024 up to 31st March 2029 and approval of his remuneration for a period of three years with effect from 1st April 2024 up ton31st March 2027.MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 57.50% · promoters 76.02% · institutions 0.00% · other public 2.22%
Re-appointment of Shri. Viraj M. Shah (DIN: 00071616) as the Managing Director of the Company for a period of five years with effect fromn1st April 2024 up to 31st March 2029 and approval of his remuneration for a period of three years with effect from 1st April 2024 up to 31stnMarch 2027.MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 57.50% · promoters 76.02% · institutions 0.00% · other public 2.22%
- Continuation of term of Shri. Shardul Thacker (DIN: 00153001) as an Independent Director, Non-Executive Director due to attainment ofnage of 75 yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.39%
Turnout: all 57.50% · promoters 76.02% · institutions 0.00% · other public 2.22%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2022, 7 resolutions
Present: 13 promoters and 36 others.
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022 together with the Report of the Board of Directors and AuditorsOrdinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 1.53%
Turnout: all 77.79% · promoters 98.60% · institutions 0.00% · other public 15.70%
- To declare the final dividend on Equity Shares for the Financial Year ended 31st March, 2022Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 1.53%
Turnout: all 77.79% · promoters 98.60% · institutions 0.00% · other public 15.70%
- To appoint a Director in place of Shri. Viraj Manharlal Shah (DIN - 00071616) who retires by rotation and being eligible for re-appointment, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 1.53%
Turnout: all 77.79% · promoters 98.60% · institutions 0.00% · other public 15.70%
- To consider and approve the re-appointment of Statutory Auditor of the companyOrdinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 1.53%
Turnout: all 77.79% · promoters 98.60% · institutions 0.00% · other public 15.70%
- Ratification of Cost Auditor Remuneration for the financial year 2022-23Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 1.53%
Turnout: all 77.79% · promoters 98.60% · institutions 0.00% · other public 15.70%
- Re-appointment of Shri. Mehernosh Rusi Currawalla (DIN:01089742) as an Independent Director for a second term of five consecutive years, in terms of Section 149 of the Companies Act, 2013Special99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 1.53%
Turnout: all 77.79% · promoters 98.60% · institutions 0.00% · other public 15.70%
Re-appointment of Shri. Purav Hiren Shah (DIN: 00123460) Chief Executive Officer and Chief Financial Officer of the Company as the Executive (Whole time) Director of the Company w.e.f. 13th December 2022 to 12th December 2027 and to fix his remunerationMoreLess
SpecialPromoters have an interest in it99.92% for0.08% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.53%
Turnout: all 77.79% · promoters 98.60% · institutions 0.00% · other public 15.70%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeOFFICE OF THE Pr. COMMISSIONER OF CGST & CENTRAL EXCISE, MUMBAI CENTRALSince 15 Jul 2026The company had filed an Appeal before the GSTAT for balance of Rs. 26 Lacs on 15 July 2026. The next date of hearing is awaited
At the filing before: GST Tran 1 Credit Order in Original was passed on 3rd February 2025 wherein the department had demanded ineligible Transitional credit amounting to Rs. 1.16, thereby a demand of Rs. 1.16 crores with interest & penalty. The Company could not avail amnesty & thus has on merit filed the appeal within time against the order on 6th May, 2025. The hearing was conducted on 09/10/2025 our representative Mr. Samir Kapadia was present and argued on behalf of the Company, we have to submit necessary documents in this regard by 08/11/2025.The OIA allowed the company's Appeal partially for Rs. 91 Lacs by the Commissioner. The Company is filing appeal with GSTAT for balance of Rs. 26 Lacs.MoreLess
- Tax disputeTHE RUBY MILLS LTD v/s Commissioner of Customs (Preventive)Since 28 Mar 2018The next hearing date of appeal is awaited
At the filing before: The Company filed an appeal before the CESTAT (Tribunal) challenging the Order passed by the Commissioner of Customs (Appeals) and seeking to set aside the differential duty of Rs.16,21,179/- ii) Since the matter is sub judice, the supplier’s amount of Rs.39,12,489/- has been retained since 2013-2014.MoreLess
- Tax disputeCommissioner of CGST And Central Excise – Mumbai CentralSince 21 Jun 2017The Appeal has been filed, and the hearing date is awaited
At the filing before: The Adjudicating Authority – Commissioner, CGST & Central Excise, Mumbai Central, vide Order dated 15/07/2026, has confirmed a service tax demand of Rs. 2,60,07,500/-, along with applicable interest and an penalty of Rs. 2,60,07,500/-, in relation to the proposed sale of the 14th, 15th and 16th floors of Ruby IT Park to Shreem Corporation Ltd. (now Rajput Retail Ltd.) in 2012 and received Advance sum of Rs. 101 Crs. During the hearing the Company had contended that the advance of Rs. 101 Crores was received only after issuance of the Part Occupation Certificate for the said floors and, therefore, the transaction was not liable to service tax. However, the Adjudicating Authority rejected the Company's contention and passed the aforesaid OrderMoreLess
- Tax disputeBefore the Commissioner of ITATSince 27 Jul 2026Awaiting the effect order from the Assessing Officer
At the filing before: Demand of Rs. 4. 50Cr 1)Addition by rejecting books of accounts u/s 145 towards undervaluation of closing stock2. 2)Addition u/s 69C3. 3)Disallowance of penalty paid u/s 37(1) 4)Disallowance of expenditure allegedly incurred on Rented Property. 5)Interest income to be treated under other sources Order passed by ITAT on 27.07.2026 allowaing all grounds in favour of Company (Rs.4.56cr)except penalty disallowance of Rs.20,000/-.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.