Sale20 Aug 2026, 08:30 pm
Ruby Mills Sells Commercial Property for ₹124.08 Cr
AI Summary
Ruby Mills Ltd has announced the sale of commercial premises located on the 33rd floor of "The Ruby" building, along with associated car parking spaces. The transaction, valued at ₹124.08 Crores, was completed on August 19, 2026. The buyer is Torrent Pharmaceuticals Limited, and it has been confirmed that the buyer does not belong to the promoter, promoter group, or group companies of Ruby Mills. The sale is considered independent of any scheme of arrangement and does not fall under related party transactions. The property sold was vacant, hence details on turnover or net worth contribution are not applicable.
Key Highlights
- Ruby Mills sold commercial property for ₹124.08 Crores.
- The buyer is Torrent Pharmaceuticals Limited.
- The transaction does not involve related parties or promoter groups.
- The sale is of a vacant property and outside any restructuring.
- Sale agreement and completion dates are August 19, 2026.
Price Impact
More from RUBYMILLS