Intimation of effective date of the schme of merger by absorption of Gujjubhai Foods Private Limited with Sumuka Agro Industires Limited and their respective shareholders under section ....
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Sumuka Agro Industries Limited (formerly Superb Papers Limited, BSE Scrip Code 532070) has announced the effective date of its merger with Gujjubhai Foods Private Limited. The NCLT Mumbai Bench had sanctioned the scheme of merger by absorption on February 4, 2026, and the certified order copy was received on February 17, 2026. After filing the certified order with the Ministry of Corporate Affairs via e-Form INC-28 on February 23, 2026, the scheme has become effective from February 23, 2026. Gujjubhai Foods Pvt Ltd (transferor) stands merged with Sumuka Agro Industries Ltd (transferee) under Sections 230-232 of the Companies Act, 2013.
The merger is now legally effective, meaning Gujjubhai Foods Pvt Ltd has been absorbed into Sumuka Agro Industries Ltd. Shareholders should expect the share swap/exchange ratio to be implemented and may see changes to the company's financials and shareholding structure going forward.