Mirza International Limited has informed the Exchange about Acquisition

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

MIRZAINT · price

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹36.27

prior close

₹35.10

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-0.6% vs market

Leather And Leather Products peers, median of 9sector-2.5%+1.2% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 1.2 pts more than its Leather And Leather Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+1.1

15m

+1.1

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.7-0.6-2.5+1.2

Next day

+0.2+0.2-0.1-2.7+2.9

-1.9+0.5-2.5-4.0+2.0

-0.8-0.9+0.1-3.4+2.6

-3.5-1.0-2.5-4.9+1.4

-2.3-0.9-1.4-6.4+4.1

-4.9-2.0-2.9-5.7+0.8

15d

-13.0-6.9-6.1-15.7+2.7

-15.9-10.5-5.4-16.6+0.7

-8.3+1.5-9.9+1.9-10.3

-19.2+3.8-23.0-8.0-11.2

UpDownMarket · Nifty Microcap 250Sector · Leather And Leather Products peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mirza International Limited has acquired Genesis Brands UG, a Germany-based company, making it a 100% Wholly Owned Subsidiary. Genesis Brands UG was incorporated on July 22, 2025, in the footwear industry, and is yet to commence business operations. Its share capital is GBP 863.47 and it has no turnover yet. The acquisition was done entirely in cash, but the actual cost of acquisition has not been disclosed. The purpose is to carry out retail marketing and e-commerce business of footwear in Germany. No government or regulatory approvals were required for this deal.

Likely market impact

This is a small, newly incorporated entity with no revenue yet, so the immediate financial impact on Mirza International is likely minimal. However, it signals the company's intent to expand its footwear retail and e-commerce presence in the European market through a dedicated German subsidiary.