Mirza International Limited — JV/Acquisition, 24-05-2025: Amalgamation/Merger

Mirza International is merging its wholly owned subsidiary, RTS Fashion Limited, to consolidate operations and boost efficiency. The merger aims to enhance focus, create synergies across design, marketing, and distribution in key markets like the UK, USA, and Europe, and strengthen financial stability. Since RTS is fully owned, no new shares will be issued, so Mirza shareholders face no dilution. This move is set to simplify the corporate structure, cut compliance costs, and improve overall shareholder value.