Sumuka Agro Industries Allots Over 1.38 Crore Shares Post Merger of Gujjubhai Foods

Sumuka Agro Industries Ltd. has approved the allotment of 1,38,13,666 additional equity shares of Rs. 10/- each to the shareholders of Gujjubhai Foods Private Limited as on March 09, 2026. This allotment is pursuant to the Scheme of Merger by Absorption of Gujjubhai Foods Private Limited with Sumuka Agro Industries Limited, as approved by the National Company Law Tribunal, Mumbai Bench. The share swap ratio is 7:4. Post allotment, the paid-up equity share capital of the Company stands increased to Rs. 20,92,08,360/- divided into 2,09,20,836 equity shares. These shares will rank pari-passu with the existing shares and are proposed to be listed and traded on BSE Limited.