Sumuka agro industries Limited has officially changed its corporate name to Gujjubhai Industries Limited, marking the completion of a significant corporate restructuring process. The Ministry of Corporate Affairs approved the name change with effect from April 6, 2026, following the successful merger with Gujjubhai Foods Private Limited.

Corporate Restructuring Details

The name change is the culmination of a merger by absorption scheme that received regulatory approval earlier this year. The National Company Law Tribunal, Mumbai bench, sanctioned the merger scheme on February 4, 2026, under Sections 230 to 232 of the Companies Act, 2013.

Merger Implementation Process

The merger involved Gujjubhai Foods Private Limited as the transferor company being absorbed into Sumuka Agro Industries Limited as the transferee company. Both companies completed the mandatory filing of the certified copy of the NCLT order with the Ministry of Corporate Affairs through e-Form INC-28 on February 23, 2026.

This filing was made in compliance with Section 232(5) of the Companies Act, 2013, read with Rule 25(7) of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The company's board formally recognized February 23, 2026, as the effective date of the merger scheme.

Corporate Identity Transition

The Certificate of Incorporation pursuant to change of name was issued by the Central Processing Centre, Ministry of Corporate Affairs, and digitally signed by Assistant Registrar Sunidhi Matroja.

Regulatory Compliance and Disclosure

The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As per regulatory requirements, the company must display both the old and new names at all locations where the company name is required to be displayed for a period of two years.

The announcement was signed by Shaili Vijaybhai Patel, Whole-time Director and CFO (DIN: 07836396), on behalf of Gujjubhai Industries Limited. The company's registered office remains at Shanti Bihar Building No. C-5, Shop 6, Mira Road E, Bhayander East, Thane – 401105, Maharashtra.

Sumuka Agro Industries Limited (formerly known as Superb Papers Limited) announced significant corporate restructuring decisions following its board meeting held on March 30, 2026. The board approved a substantial increase in authorized share capital and key amendments to the company's Memorandum of Association.

Authorized Share Capital Enhancement

The board has approved a major expansion of the company's authorized share capital structure. The decision involves increasing the capital from the existing Rs. 21,42,50,000 to Rs. 35,00,00,000, representing a significant enhancement in the company's capital base.

This expansion will require consequential alterations to Clause V (Capital Clause) of the company's Memorandum of Association to reflect the proposed changes in authorized share capital.

Memorandum of Association Amendments

The board has approved significant amendments to the main object clause of the Memorandum of Association. The key addition includes Clause 4, which expands the company's business scope to encompass FMCG operations and holding company functions.

The new clause authorizes the company to:

• Promote, establish, acquire, invest in, and hold shares in companies engaged in FMCG business
• Act as a holding or parent company
• Manage, control and administer financial affairs of subsidiary, associate and group companies
• Handle cash flows, funding arrangements, loans, and debt obligations
• Provide financial assistance, guarantees, securities and other support
• Act as a central treasury for efficient financial management of the group

Extraordinary General Meeting Schedule

To formalize these corporate restructuring measures, the board has scheduled an Extraordinary General Meeting (EGM) for April 27, 2026. The meeting will be conducted through Video Conferencing and Other Audio-Visual Means, adhering to guidelines issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Mr. Brajesh Gupta, a Practising Company Secretary with membership number A33070 from the Institute of Company Secretaries of India, has been appointed as scrutinizer for the EGM proceedings.

Meeting Details and Timeline

The board meeting was conducted at the company's registered office located at Shanti Vihar Building No. C-5, Shop 6, Mira Road E, Bhayander East, Thane -401105, Maharashtra. The meeting commenced at 7:15 PM and concluded at 7:45 PM on March 30, 2026.

The company will dispatch detailed resolutions for member approval along with information required under Chapter V of the SEBI ICDR Regulations as part of the EGM notice. These corporate restructuring measures demonstrate the company's strategic expansion plans and enhanced operational flexibility for future growth initiatives.