ALFA Filings
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Mirza International Limited received NCLT Allahabad Bench approval for the amalgamation of its wholly-owned subsidiary, RTS Fashion Limited, with itself. The merger is effective from the appointed date of April 1, 2025. This internal restructuring aims to streamline operations and corporate structure without changing the ultimate beneficial ownership.
Mirza International Ltd's board has in-principally approved a restructuring to segregate its manufacturing, branded retail, and leather processing verticals into separate entities. The move aims to unlock value by creating distinct business units. Detailed terms and financial implications will be disclosed once finalized and approved by the Board.