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Mirza International Gets NSE, BSE Nod for Employee Stock Option Share Issue

Story Highlights
  • Mirza International secured in-principle NSE and BSE approvals to issue 2.5 million equity shares.
  • The ESOP 2025 scheme will expand the equity base slightly and aims to boost employee alignment and retention.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mirza International Gets NSE, BSE Nod for Employee Stock Option Share Issue

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Mirza International Limited ( (IN:MIRZAINT) ) has shared an announcement.

Mirza International Limited has received in-principle approvals from both the National Stock Exchange of India and BSE to issue and list up to 2.5 million new equity shares of face value Rs 2 each under its MIL Employees Stock Option Scheme 2025. The clearance paves the way for the company to implement a fresh stock option plan for employees, which, once the options are exercised and shares allotted subject to regulatory and statutory compliances, will marginally expand its equity base and is aimed at strengthening employee alignment and retention, potentially enhancing long-term shareholder value.

More about Mirza International Limited

Mirza International Limited is an India-based company listed on the BSE and NSE, operating in the footwear and fashion sector under brands including Thomas Crick London. The company is headquartered in Noida, Uttar Pradesh, and focuses on designing, manufacturing and marketing footwear products for domestic and international markets.

Average Trading Volume: 21,017

Technical Sentiment Signal: Hold

Current Market Cap: 5.1B INR

Find detailed analytics on MIRZAINT stock on TipRanks’ Stock Analysis page.

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