Shares of Mirza International Limited gained 2.73% on Thursday, trading at ₹43.28, after the company clarified that the recent Income Tax (IT) raid at its premises ended peacefully.
In its official statement, the company said the search operations conducted by tax authorities across all locations concluded without incident, with full cooperation extended to officials throughout the process. Mirza International assured stakeholders that business operations at offices and factories are running smoothly, with no disruption to production, services, or commitments.
The company reaffirmed its commitment to transparency, governance, and compliance standards, emphasizing its dedication to maintaining stakeholder trust.
The positive clarification helped lift investor sentiment, with the stock moving higher on improved confidence about business continuity.
