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Ruby Mills Limited ( (IN:RUBYMILLS) ) has shared an announcement.
Ruby Mills Limited has entered into a financial agreement with Jambavati Project Realty Two LLP, becoming a new investing partner with a 19.99% share in the LLP. This strategic move includes a capital contribution and a loan agreement, allowing Ruby Mills to appoint a partner in Jambavati while not participating in its daily management, potentially enhancing its investment portfolio and market positioning.
More about Ruby Mills Limited
Ruby Mills Limited operates in the textile industry, focusing on the production and distribution of textile products. The company is known for its high-quality fabrics and has a significant presence in the Indian market.
Average Trading Volume: 4,057
Technical Sentiment Signal: Hold
Current Market Cap: 7.42B INR
For a thorough assessment of RUBYMILLS stock, go to TipRanks’ Stock Analysis page.