The Ruby Mills Limited Recommends Final Dividend for the Financial Year 2022-23
May 30, 2023 at 09:10 am
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The Ruby Mills Limited at its board meeting held on May 30, 2023 recommended the final dividend of 25% that is INR 1.25 per fully paid up equity share (face value of INR 5 per equity share) for the financial year 2022-23, subject to approval by shareholders of the Company at the upcoming Annual General Meeting (AGM). The Company will inform in due course the date on which dividend will be paid or warrants thereof will be dispatched to the shareholders.
The Ruby Mills limited is an India-based company, which is engaged in the composite textile mill business. The Company is engaged in the manufacturing of cotton/blended yarn and fabric. Its segment includes textiles, and real estate and related. Its businesses include fabric, interlining, apparel and real estate. The Company's fabric products include cotton, polyester, viscose, modal, lyocell, linen, Bemberg, ramie, rayon, Lycra and their blends. Its brands include Ruby Fabrics, Lukas, Hitline and Label R. The Company's interlining products include basic interlining, high density polyethylene (HDPE) interlining and low-density polyethylene interlining (LDPE). Its apparel business designs and manufactures ready to wear clothing in various sectors, such as healthcare, fashion apparels, corporate, educational institutions, workwear and defense. The Ruby, its Leadership in Energy and Environmental Design (LEED) platinum commercial tower, is located in Mumbai, Maharashtra.