The Ruby Mills Ltd repays secured term loans and all unsecured loans

The Ruby Mills Limited ('Ruby Mills') has repaid entire Term Loans and all Unsecured Loans aggregating Rs. 145 Crores.

Ruby Mills had earlier announced about the receipt of 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, we shall see consolidation and fresh requirements of commercial office space.

Shares of The Ruby Mills Limited was last trading in BSE at Rs. 400.85 as compared to the previous close of Rs. 387.70. The total number of shares traded during the day was 4274 in over 511 trades.

The stock hit an intraday high of Rs. 415.00 and intraday low of 382.40. The net turnover during the day was Rs. 1726782.00.

Source : Equity Bulls

Keywords

TheRubyMills INE301D01026 Repayment TermLoans UnsecuredLoans