Mirza International Ltd

Mirza International Amalgamation Approved: RTS Fashion to Merge 📊

• NCLT Allahabad Bench approved the amalgamation on April 23, 2026.

• Appointed date for the amalgamation is April 1, 2025.

• RTS Fashion Limited is a wholly-owned subsidiary of Mirza International Limited.

• No new shares will be issued as part of the amalgamation.

• Mirza International will assume all assets, liabilities, and legal proceedings of RTS Fashion.

• Outstanding income tax demands of ₹7.26 crore against Mirza International are noted, with some under appeal or resolved.

• All employees of RTS Fashion will transfer to Mirza International upon the scheme becoming effective.