BSEGujjubhai Industries LtdMediumNeutral
Announced Tue, 7 Apr · 10:58 IST

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 ....

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹190.65
prior close
₹193.45
base price
In-mkt
timing
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+0.0+0.0+0.0+0.0-0.3-15.7-17.0-16.1-12.9-15.0-4.1-2.5-26.6-35.0
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AI summary

Gujjubhai Industries Ltd (formerly Sumuka Agro Industries Ltd) has completed a merger by absorption where Gujjubhai Foods Private Limited was merged into the company. The scheme was approved by the NCLT Mumbai Bench on February 4, 2026, and became effective on February 23, 2026, after filing INC-28 with MCA. The MCA has now officially approved the company's name change from 'Sumuka Agro Industries Limited' to 'Gujjubhai Industries Limited' effective April 6, 2026. The company was originally incorporated as Superb Paper and Boards Products Private Limited.

Likely market impact

This is a standard post-merger administrative update. The merger expands Gujjubhai Industries' business by absorbing Gujjubhai Foods Private Limited. Shareholders of the absorbed company would have received shares in the listed entity as part of the merger consideration.