The Exchange has sought clarification from Mirza International Limited with respect to recent news item captioned Redtape shares in focus amid reported ongoing income tax investigation. The response from the Company is attached.
MIRZAINT · price
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Awaiting price reaction for this filing.
NSE asked Mirza International Limited to clarify a media report about an ongoing income tax investigation linked to its Redtape footwear brand. The company has submitted its response to the exchange, which is attached to the filing. The original news item had put Redtape shares in focus among investors. The full content of the company's reply is not visible in this filing, so investors should review the attached document for the company's official stance.
The clarification itself does not indicate any confirmed penalty or action, but the underlying tax investigation remains a sentiment overhang. Shareholders should watch the attached company response for details, as negative findings could weigh on the stock while a clean chit could ease concerns.