Ruby Mills appoints new independent director, another retires

Ruby Mills Limited has announced the appointment of Paras Khimji Savla as an additional director and independent director for a five-year term, effective December 27, 2025, through December 26, 2030, pending member approval. Savla is a qualified chartered accountant with over two decades of experience in domestic and international taxation, investment strategies, and transaction structuring. He has no relationship with other directors of the company.

Concurrently, Yogen Shivlal Lathia will retire as an independent director upon completing his second consecutive term, with his tenure ceasing at the close of business hours on December 28, 2025.

The board meeting that approved these changes commenced at 4:30 p.m. and concluded at 05:03 p.m. on December 27, 2025.