Mirza International Forms Wholly Owned Subsidiary

Key Quantitative Figures

• Authorized Share Capital of Mirza Global Limited: ₹15,00,000
• Ownership Percentage: 100% Wholly Owned Subsidiary
• Investment Type: 100% initial cash subscription to share capital

Dates of Action

• Date of Incorporation of Subsidiary: October 8, 2026
• Disclosure Date: October 9, 2026

Parties Involved

• Listed Entity: Mirza International Limited (CIN: L19129UP1979PLC004821)
• New Subsidiary: Mirza Global Limited (CIN: U47710UW2026PLC259729)
• Compliance Officer: Harshita Nagar, Company Secretary & Compliance Officer

Purpose and Rationale

The subsidiary was incorporated to carry on the manufacturing, retail and wholesale marketing, and e-commerce business of footwear. This aligns with Mirza International's main line of business in the footwear industry.

Transaction Details

| Particulars | Details |

| Acquisition Type | 100% Wholly Owned Subsidiary |

| Relationship | Related party transaction |

| Industry | Footwear Industry |

| Government Approvals | Not Applicable |

| Consideration | Cash subscription to share capital |

| Cost of Acquisition | Not Applicable |

| Shareholding Acquired | 100% |

Subsidiary Background

• Product/Line of Business: Footwear manufacturing, retail, wholesale marketing, and e-commerce
• Date of Incorporation: October 8, 2026
• Turnover: Not Applicable (yet to commence business)
• Country of Incorporation: India

Financial Impact

The financial impact of this subsidiary formation has not been quantified in the disclosure beyond the authorized share capital amount of ₹15,00,000.