Mirza International is planning to acquire entire stake in TNS Hotels and Resorts. For that, the company will acquire 10,000 equity shares of face value of Rs 10 each representing 100% of the paid-up equity share capital of TNS Hotels and Resorts, thereby making TNS wholly owned subsidiary of Mirza International. The said acquisition is likely to complete on November 15, 2022 and cost of acquisition is Rs 5385.60 per share.
Mirza International is India’s leading manufacturer and marketer of leather footwear and finished leather.
