Redtape Limited was incorporated on December 8, 2021 as a wholly owned subsidiary of Mirza International Limited. Prior to the Scheme, the Company engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear, sports shoes, garments & apparels, leather goods and accessories, and other related activities.
In 2023-24, the Composite Scheme of Arrangement of RTS Fashions Private Limited, Mirza International Limited, the Company and their respective shareholders and creditors, which inter-alia, provided for (a) Amalgamation of RTS Fashions Private Limited with Mirza International Limited; and (b) De-merger of Branded Business/ Redtape Business of Mirza International Limited into the Company on a going concern basis. The said Scheme was sanctioned and thereafter, the Branded Business/ Redtape Business of Mirza International Ltd got demerged into the Company w.e.f February 25, 2023. On implementation of the Scheme of Arrangement for Demerger of the Redtape Business from MIL, Equity Shares were allotted in the ratio of 1:1 to all the shareholders of MIL. Accordingly, the Equity Shares of the Company got listed on August 11, 2023.
REDTAPE HK Limited was incorporated as subsidiary of the Company on August 4, 2023. The Company launched Ozark, built for the rugged outdoors in 2025. ...
FAQs on Redtape Ltd
1. Can I buy Redtape Ltd from PL Capital? ›
Yes, you can invest in Redtape Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Redtape Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Redtape Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Redtape Ltd pay dividends? ›
Yes, Redtape Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Redtape Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Redtape Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Redtape Ltd. is ₹ 124.44 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Redtape Ltd ? ›
The 52-week high and low of Redtape Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
