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The Hon'ble National Company Law Tribunal has approved the amalgamation of T N S Hotels and Resorts Private Limited with Mirza International Limited. As T N S Hotels is a wholly owned subsidiary of Mirza, the amalgamation will consolidate their resources, streamline operations, and enhance efficiency. The appointed date for the merger is April 1, 2023. This move aims to optimize financial and physical resources, reduce operational costs, and bolster the overall business standing of Mirza International, ultimately benefiting shareholders and stakeholders alike. No new shares will be issued, and the sharing structure will remain unchanged.