The Scheme of Merger by Absorption between Gujjubhai Foods Private Limited, the First Petitioner Company/Transferor Company and Sumuka Agro Industries Limited, the Second Petitioner Company/Transfree ....
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Sumuka Agro Industries Limited has announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has sanctioned the Scheme of Merger by Absorption between Gujjubhai Foods Private Limited (Transferor Company) and Sumuka Agro Industries Limited (Transferee Company), along with their respective shareholders, under Sections 230 to 232 of the Companies Act, 2013. The NCLT pronounced its order on February 4, 2026, and the company is in the process of obtaining certified copies of the order. The scheme will become effective only after the certified order copies are filed with the Registrar of Companies via Form INC-28 and other conditions specified in the scheme are fulfilled.
This is a positive development for Sumuka Agro Industries as NCLT approval moves the merger closer to completion, but the scheme is not yet effective pending ROC filing. Shareholders should expect further updates once the merger formally takes effect, which could impact the company's scale and operations.