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Ruby Mills repays entire term loans and all unsecured loans of Rs 145 crore

26 Apr 2022 Evaluate

Ruby Mills has repaid entire Term Loans and all Unsecured Loans aggregating Rs 145 crore.

On January 13, 2022, the company had obtained renewed Occupation Certificate (OC) for ‘The Ruby’ Tower at Dadar, Mumbai. This has enabled to start unlocking of the real estate value of the Commercial tower. With the opening of the economy, the company shall see consolidation and fresh requirements of commercial office space. 

Ruby Mills manufactures cotton textile goods. Products manufactured are long cloth, shirting, twill, poplins, dorias, rayon and staple fiber linen and coatings.

Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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