MoneyWorks4Me

Mirza International divests entire stake in Mirza (UK)

17 Dec 2011 Evaluate

Mirza International has made disinvestment of the company's entire stake of 900 shares in the associate company - Mirza (UK), UK for a total consideration of GBP 8,10,00.00. Recently, the company commenced the regular production of shoes from its newly set up unit (Unit - VI) situated at Greater Noida with effect from July 01, 2011.

Mirza International manufactures and markets leather and leather footwear. The company offers women’s footwear, as well as formal footwear for mobile executives and businessmen. It offers men’s clothing and accessories, including shirts, jackets, denims, tees, and pants/shorts, as well as accessories, such as belts, socks, and wallets.

Peers
Company Name CMP
Bata india 616.15
Relaxo Footwears 294.75
Campus Activewear 197.55
Liberty Shoes 211.00
Superhouse 157.70
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