BSE grants trading approval for 1.38cr shares issued post-merger

1 min read     Updated on 25 May 2026, 11:24 PM
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BSE granted trading approval for 1,38,13,666 equity shares of ₹10 each issued by Sumuka Agro Industries Limited following the merger with Gujjubhai Foods Private Limited. The shares, allotted on March 20, 2026, are permitted for trading effective May 26, 2026.

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BSE Limited granted trading approval for 1,38,13,666 equity shares of ₹10 each issued by Sumuka Agro Industries Limited pursuant to a merger scheme. The approval, received on May 25, 2026, covers shares issued following the absorption of Gujjubhai Foods Private Limited with Sumuka Agro Industries Limited under Sections 230 to 232 of the Companies Act, 2013.

The newly issued shares are ranking pari-passu with the existing equity shares of the company. Trading of these securities on the exchange is permitted with effect from May 26, 2026. The intimation was submitted to the exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Security Details

Security Details 1,38,13,666 Equity Shares of Rs.10/- each issued pursuant to the Scheme of Merger by Absorption of Gujjubhai Foods Private Limited (“Transferor Company” or “GFPL”) with Sumuka Agro Industries Limited (“Transferee Company” or “SAIL”) and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. These shares are ranking pari-passu with the existing equity shares of the Company.
ISIN Number INE311N01016
Dist. Nos. 7107171 to 20920836
Date of Allotment March 20, 2026

The filing was signed by Shaili Vijaybhai Patel, Director & CFO of Gujjubhai Industries Limited (formerly known as Sumuka Agro Industries Limited).

Historical Stock Returns for Gujjubhai Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.05%-13.05%-3.25%-27.51%-36.00%+122.79%

How will the integration of Gujjubhai Foods' product portfolio impact Sumuka Agro Industries' revenue streams in the upcoming fiscal year?

What is the expected market reaction to the dilution of existing equity shares due to the issuance of over 13.8 million new shares?

Will the merger lead to any restructuring of the company's management or operational teams following the name change to Gujjubhai Industries Limited?

Gujjubhai Industries schedules May 28 board meet for FY26 results

1 min read     Updated on 21 May 2026, 11:19 PM
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Gujjubhai Industries Limited will hold a board meeting on May 28, 2026, to consider audited financial results for the quarter and year ended March 31, 2026. The meeting will also address the appointment of statutory and secretarial auditors. The trading window remains closed until 48 hours after the results are declared.

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Gujjubhai Industries Limited has announced that its board meeting is scheduled to be held on Thursday, May 28, 2026. The meeting will be convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Board Meeting

The primary agenda for the meeting includes the consideration and approval of the audited financial results for the quarter and year ended March 31, 2026, along with the Audit Reports of the Statutory Auditors. Additionally, the board will deliberate on the appointment of M/s S K Jha & Co., Chartered Accountants, Ahmedabad, as the Statutory Auditor of the Company.

Another key item on the agenda is the consideration and approval of the appointment of the Secretarial Auditor of the Company for Financial Year 2026–27 to 2030–31. The board may also transact any other business with the permission of the Chair.

Trading Window Closure

In accordance with the Code of Conduct for the prevention of Insider Trading and the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company remains closed for all Designated Persons. The window will reopen 48 hours after the declaration of the audited financial results for the quarter and financial year ended March 31, 2026. Dealings involving the purchase or sale of the company's shares by designated or connected persons, including their relatives, are prohibited during this closure period.

Historical Stock Returns for Gujjubhai Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.05%-13.05%-3.25%-27.51%-36.00%+122.79%

How might Gujjubhai Industries' audited financial results for FY2026 compare to the previous year, and what revenue or profitability trends could emerge?

What could the appointment of M/s S K Jha & Co. as the new Statutory Auditor signal about the company's governance strategy or its relationship with its previous auditor?

How might the five-year appointment of the Secretarial Auditor (FY2026–27 to FY2030–31) reflect the company's long-term compliance and regulatory outlook?

More News on Sumuka Agro Industries

1 Year Returns:-36.00%