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Exchange Disseminated Time | Mirza International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 11, 2015, has fixed and approved the following share exchange ratio for the purpose of the proposed amalgamation of Genesisfootwear Enterprises Pvt Ltd with Mirza International Ltd
92 (ninety two ) Equity shares of Rs. 2/- each to be issued by the Transferee Company Mirza International Ltd., credited as fully paid up, for every 100 (one hundred) Equity shares of Rs. 2/- each held by the shareholders of the Transferor Company Genesisfootwear Enterprises Pvt Ltd.
The Board has unanimously approved the draft scheme of Amalgamation of Genesisfootwear Enterprises Pvt Ltd with Mirza International Ltd and other connected matters. Decision of the board is subject to further approval of the concerned high Court(s) and other competent authority(ies). |
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