BSEGujjubhai Industries LtdMediumNeutral
Announced Mon, 29 Dec · 11:30 IST

Pursuant to Regulation 30 of SEBI (LODR) 2015, please find attached press release titled regarding hearing of the scheme of merger by absorption of Gujjubhai Foods Private Limited ("Transferor ....

Nclt Scheme FiledListed Co AcquisitionStrategic 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

Awaiting price reaction for this filing.

AI summary

Sumuka Agro Industries Limited (BSE Scrip Code: 532070, formerly Superb Papers Limited) has filed a Scheme of Merger by Absorption at the National Company Law Tribunal (NCLT), Mumbai, to absorb Gujjubhai Foods Private Limited. Gujjubhai Foods is the Transferor Company and Sumuka Agro is the Transferee Company, with both filing a joint petition under Sections 230-232 of the Companies Act, 2013. The NCLT admitted the petition on December 10, 2025, and the next hearing is scheduled for January 30, 2026. Any party wishing to support or oppose the scheme must notify the Petitioner's Advocates at least two days before the hearing date.

Likely market impact

If the NCLT approves the merger, Gujjubhai Foods will be absorbed into Sumuka Agro Industries, potentially consolidating the listed entity's operations. Shareholders should watch the January 30, 2026 hearing date for updates on the scheme's progress and any share-swap ratio that may be announced.