Sumuka Agro Industries Ltd
Intimation for change of name of the Company pursuant to the scheme of Merger by Absorption of Gujjubhai Foods Private Limited ("Transferor Company") with Sumuka Agro Industries Limited ....
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 07 Apr 2026, 10:58 AM IST · BSE ID: 2e6996bc-1eef-4854-b626-3294b285a68a
View Original BSE Filing (PDF)
💡
In Simple Terms
The company has completed merging with Gujjubhai Foods and officially changed its name to Gujjubhai Industries Limited as of April 6, 2026.
🤖 AI Summary
- Sumuka Agro Industries renamed to Gujjubhai Industries Limited effective April 6, 2026
- Merger by absorption of Gujjubhai Foods Private Limited NCLT-approved February 4, 2026
- Merger effective date February 23, 2026 following Ministry of Corporate Affairs e-Form INC-28 filing
- Allotted 1,38,13,666 equity shares to transferor company shareholders at 7:4 ratio March 20, 2026
- Equity capital increased to Rs. 20,92,08,360 post-merger share issuance
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity shares allotted
1,38,13,666 shares
Equity capital post-merger
Rs. 20,92,08,360
NCLT approval date
February 4, 2026
Merger effective date
February 23, 2026
Name change effective date
April 6, 2026
🏢 How This Affects the Company
Merger consolidates Sumuka and Gujjubhai Foods operations under single entity. Combined business operations now function as Gujjubhai Industries Limited, integrating product portfolios and market reach.
Equity capital restructured to Rs. 20,92,08,360 through allotment of 1,38,13,666 shares at 7:4 ratio. Balance sheet reflects merged entity assets and liabilities as of February 23, 2026 effective date.
All statutory registrations, contracts, and operational continuity transfer to Gujjubhai Industries Limited. Company must display old name alongside new name for two years per Section 12, Companies Act.
Merger integration risks include operational coordination, customer/vendor contract continuity, and stakeholder notification. Rebranding compliance required across all business touchpoints within specified timeline.
👥 What This Means For Shareholders
✅
Action Required
Update company name in records from Sumuka Agro Industries Limited to Gujjubhai Industries Limited; verify share allotment received at 7:4 merger ratio.
👤
Who Is Affected
All existing Sumuka Agro shareholders received 1,38,13,666 allotted shares from merged entity at 7:4 ratio. Gujjubhai Foods shareholders absorbed into combined entity as per merger terms.
🔍
Management Signal
Merger completion signals management's execution of agreed scheme. Name change reflects legal consolidation of operations under acquiring entity branding strategy.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 financial results under new entity name—verify revenue consolidation and integration metrics
Annual report FY26—check merged financial statements, accounting treatment of scheme, and management discussion
Shareholder communication on post-merger operational synergies and strategic direction of combined entity
LOW RISK
All regulatory approvals obtained. Share allotment completed. Scheme legally effective. Primary risk is operational integration execution during two-year branding transition.
💡 Investor Takeaway
Gujjubhai Foods merger is complete with all regulatory approvals executed. Equity capital now Rs. 20,92,08,360 following allotment of 1,38,13,666 shares. Merger effective February 23, 2026; name change effective April 6, 2026. Combined entity operations now unified under Gujjubhai Industries Limited.
⚖️ Strengths & Concerns
✅ Positives
- Scheme approved by NCLT and registered with Ministry of Corporate Affairs—full legal completion confirmed
- Share allotment completed to transferor shareholders at pre-determined 7:4 ratio—no shareholder disputes flagged
⚠️ Concerns
- Merger effective date February 23, 2026 predates name change approval by April 6, 2026—lag in branding alignment
- Company must display old name for two years alongside new name—potential customer/vendor confusion during transition
📅 Company Track Record
Sumuka Agro Industries Limited (CIN: L74110MH1989PLC289950) was originally incorporated as Superb Paper and Boards Products Private Limited in 1989. Company merged with Gujjubhai Foods Private Limited effective February 23, 2026 (NCLT order February 4, 2026). Equity restructured to Rs. 20,92,08,360 through 1,38,13,666 share allotment at 7:4 ratio (March 20, 2026). Renamed to Gujjubhai Industries Limited on April 6, 2026.
Based on publicly available historical data. For context only.