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MIRZA INTERNATIONAL LTD. - Announcement under Regulation 30 (LODR)-Restructuring
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12 Nov 2021
Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2021, this is to inform that the Board of Directors, in their Meeting held on 12th November, 2021, has, inter-alia, in-principally approved the proposal of the amalgamation of RTS Fashions Private Limited, the ultimate holding company of Mirza U.K. Limited, with Mirza International Limited and demerger of Domestic Business of Mirza International Limited into a Resulting Company, on mirror shareholding basis, in such manner as may be deemed fit and proper.&lt;BR&gt; &lt;BR&gt; The Audit Committee and Board of Directors of the Company will consider and approve the draft Scheme of Arrangement, Report on Valuation of Shares and Fairness Opinion Report and such other incidental documents in their forthcoming meetings. Intimation of the same will be circulated in the due course.&lt;BR&gt; &lt;BR&gt; This is for your information and records.&lt;BR&gt;
View all announcements for MIRZA INTERNATIONAL LTD. Source: BSE India