BSE grants trading approval for 1.38cr shares issued post-merger
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































