Mish Designs Ltd — Important, 25-08-2026: Company Update

Mish Designs has acquired a 59.78% stake in I'DESIGN Fashions Private Limited, making it a subsidiary. This strategic move aims to significantly expand Mish Designs' business operations, drive growth, boost revenue, and enhance market share in the apparel manufacturing and retail sector. I'DESIGN Fashions, incorporated in 2021 with an authorized capital of Rs 0.01 Cr, has not yet generated turnover. Mish Designs subscribed to 2,03,258 equity shares at Rs 10 per share, totaling approximately Rs 0.20 Cr in cash. This related-party transaction was approved and conducted at arm's length.