Mirza International Limited has incorporated a new 100% Wholly Owned Subsidiary named "Mirza Footwear Limited" on October 19, 2026. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Subsidiary Details
- Name: Mirza Footwear Limited
- Authorised Share Capital: ₹15,00,000 (Fifteen Lakh Rupees)
- Turnover: Not applicable (yet to commence business)
- Date of Incorporation: October 19, 2026
- Country of Incorporation: India
Business Operations
The subsidiary will carry on the manufacturing, retail and wholesale marketing, and e-commerce business of footwear.
Transaction Details
- Nature of Acquisition: 100% initial subscription to the share capital
- Percentage of Shareholding: 100% Wholly Owned Subsidiary
- Related Party Status: Yes, as it is a 100% subsidiary of Mirza International Limited
- Arms-length Transaction: Not specified in disclosure
Regulatory Approvals
- Governmental/Regulatory Approvals Required: Not applicable
- Time Period for Completion: Not applicable
- Cost of Acquisition: Not applicable
Historical Information
- History/Turnover: Not applicable (yet to commence business)
- Products/Line of Business: Footwear manufacturing, retail, wholesale, and e-commerce
Compliance References
- SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 11th July 2023 (updated as on 30th January 2026)
- Regulation 30 of SEBI Listing Regulations