YEAR EVENTS 1917 - The company was incorporated on 9th January, at Mumbai. On 29th July, 1918, the name of the company was changed from Hormusjee Ardeshir S. Goculdas and Co., Ltd., to Ruby Mills Ltd. - The main objective of the company is to manufacture of cotton textile goods. Products manufactured are long cloth, shirting, twill, poplins, dorias, rayon and staple fibre linen and coating. Counts ranging from 10s to 60s are spun and the cloth width ranges from 30 inches to 55 inches. The mills are equipped to do bleaching, dyeing and finishing operations. 1939 - Capital reduced as per Court's Order dated 10th March. 1942 - 12,000 bonus shares issued in the proportion 1:1. 1957 - 36,000 bonus shares issued in the proportion 3:2. 1966 - 36,000 bonus shares issued in the proportion 3:5. 1970 - 32,000 bonus shares issued in the proportion 1:3. 1988 - The Company explored the possibility of exporting yarn and fabrics of U.K., European countries and the Far East. 1989 - 32,000 bonus shares issued in the proportion 1:1. 1991 - The company issued 1,00,000-9% non-Convertible debentures of Rs. 100 each on private placement with the UTI. These are redeemable at a premium of 5% in three equal annual instalments commencing from 30th January, 1998. - 32,000 bonus shares issued in the proportion 1:2. 1992 - During the year, the company suffered production loss on account of fire in the winding section at Dadar Mills and absenteeism of workers due to communal disburbances during December. - During April, another 3,024 spindles were installed. It was also proposed to instal 4 nos. winding machines incorporating the latest technology. - The company undertook to set up two chemical units at Ankleshwar in Gujarat under the names "Ruby Chem" and "Ruby Mineral and Grinding" for the manufacture of sodium dichromate, potassium dichromate and chromic acid and mineral grinding respectively. These two units were already registered as small scale units. - Ruby Implex Ltd. became a wholly owned subsidiary of the Company with effect from 9th March. - 2,40,000 Bonus shares allotted in prop. 5:2 on 15.12.1992. All the equity shares then subdivided on 15.1.1993. 1994 - During the period, due to the shift over and stabilisation, there was a loss of production at weaving stage and the operation in spinning unit at Dhamni was also affected by labour strike. - 8,20,000 No. of equity shares issued at a prem of Rs. 225 per share on private placement. 1995 - In order to expand its production activity and expand its marketable products, the company entered into a technical know-how agreement with M/s. Gygli Technik AG for manufacture of interling fabric. 1997 - Operational performance of the company was not encouraging due to prolonged strike at Dhamni spinnig unit of the company since August, recession in the Textile industry, increase in the cost of raw materials and labour. 2002-P D Phatak appointed as Company Secretary of Ruby Mills. 2004 -Mr. Manhar N. Trivedi has joined the organization as "Company Secretary & Financial Controller" -The Ruby Mills Ltd has recommended a dividend @20% on the equity of the Company. 2006 - Ruby Mills Ltd has recommended a Dividend of 25% i.e. Rs 2.50 Ps per share 2007 - Ruby Mills Ltd has recommended a Dividend of 30% i.e. Rs 3.00 Ps per share 2008 -Unitech has tied up with Ruby Mills Ltd for its Real Estate Development 2009 - Ruby Mills Ltd has recommended a Dividend of 30% i.e. Rs 3.00 Ps per share 2010 - Mr. Dharmendra Parmar has been appointed as Financial Controller, Compliance Officer and Company Secretary of the company -Ruby Mills Ltd has recommended a final dividend of Rs. 4/- per equity share 2011 -Ruby Mills Ltd has recommended a final dividend of Rs. 5/- per equity share 2012 - Mr. Shaunak J. Thacker has been appointed as Additional Director of the Company -Ruby Mills Ltd has recommended a final dividend of Rs. 5/- per equity share -Mr. S. Jayaraman, General Manager (F&A), has been appointed Compliance Officer as a Chief Financial Officer of the Company -Company has splits its Face value of Shares from Rs 10 to Rs 5. 2013 -Ruby Mills Ltd has been shifted of the Fabric processing activity of the company from Mumbai to Village Kharsundi. 2014 -Board has recommended a Dividend of Rs. 2/- per Equity Share of the face value of Rs. 5/- each. 2015 -The Company has allotted the Bonus Shares to its shareholders in the Ratio of 1:1.  2022 -The Company issued Bonus Shares in the Ratio of 1:1.