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 ....

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

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

Price reactionminutes from the announcement price · days from the prior close

-7.8%Reaction day

₹218.00

prior close

₹225.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-8.0% vs market

Packaged Foods peers, median of 35sector-0.1%-7.7% vs sector

On the reaction day the stock moved 8.0 pts less than Nifty Microcap 250 and 7.7 pts less than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.3

10m

-1.8

15m

-1.8

30m

-3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.8+0.2-8.0-0.1-7.7

Next day

-6.2+0.4-6.6-0.5-5.6

-1.0-0.6-0.4-1.7+0.7

+0.2-2.8+3.1-4.0+4.2

-3.7-5.4+1.7-5.3+1.7

-1.3-4.4+3.2-6.4+5.1

-1.9-7.1+5.1-7.3+5.3

15d

-15.6-7.8-7.8-7.2-8.5

-10.6-6.6-4.0-9.1-1.4

-26.6+7.7-34.3+1.4-28.0

-18.5+10.3-28.7-1.7-16.7

UpDownMarket · Nifty Microcap 250Sector · Packaged Foods peers, median of 35Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.