Ruby Mills: Work Stoppage at Dhamni Weaving Division Due to Wage Dispute

Ruby Mills Ltd has reported a work stoppage at its Dhamni Weaving Division, effective June 29, 2026, due to an ongoing wage settlement process. Certain workmen have abstained from reporting for duty despite a draft settlement being reached. The matter is currently under conciliation with the Assistant Labour Officer, and the company is pursuing legal and administrative proceedings. While the disruption is confined to one department, other manufacturing operations, including the Spinning and Processing Divisions, continue normally. The company is assessing the financial and operational impact and is taking steps to minimize disruption and service customers. No material loss is currently expected, and the issue is not covered by insurance.