Sumuka agro industries Limited announced its unaudited financial results for the third quarter ended December 31, 2025, alongside significant corporate governance changes approved by the Board of Directors during their meeting held on January 31, 2026.

Financial Performance Overview

The company delivered steady financial performance during Q3 FY26, maintaining profitability across key metrics. The results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditors S K Jha & Co providing a limited review report.

Operational Highlights

The company's operational performance showed growth in revenue generation, with total income from operations reaching ₹2,117.41 lakhs for Q3 FY26 compared to ₹1,702.75 lakhs in the corresponding quarter of the previous year. The nine-month period demonstrated strong revenue growth with ₹6,179.34 lakhs compared to ₹4,479.37 lakhs in the previous year.

Key expense components included purchases of stock-in-trade at ₹1,994.86 lakhs for the quarter, employee benefits expenses of ₹25.74 lakhs, and finance costs of ₹10.27 lakhs. The company maintained a paid-up equity share capital of ₹710.71 lakhs with a face value of ₹10 per share.

Board Decisions and Corporate Changes

The Board of Directors approved several important corporate governance changes during their meeting. On the recommendation of the Nomination and Remuneration Committee, Ms. Muniswamy Ravirajendran Shilpa (DIN: 07076534) will transition from executive director to non-executive director effective January 31, 2026.

Capital Structure Decision

In a significant strategic decision, the Board rescinded its previous resolution to increase the company's authorised capital. The Board determined that no further action is required on the proposed increase at this stage, indicating a reassessment of the company's capital requirements and strategic priorities.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) specified under Section 133 of the Companies Act, 2013. The company fulfilled its obligations under Regulation 33 and Regulation 30 of SEBI Listing Regulations, ensuring transparent disclosure of financial performance and corporate developments to stakeholders.

Sumuka Agro Industries Limited , formerly known as Superb Papers Limited, has formally notified the Bombay Stock Exchange about the upcoming NCLT hearing for its merger with Gujjubhai Foods Private Limited. The company issued a press release under Regulation 30 of SEBI LODR on December 29, 2025, confirming the hearing scheduled for January 30, 2026.

BSE Notification and Press Release

The company's Managing Director Paresh Thakker signed the official notification to BSE, providing formal intimation about the merger hearing under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The press release specifically addresses the hearing of the Scheme of Merger by Absorption of Gujjubhai Foods Private Limited with Sumuka Agro Industries Limited.

NCLT Hearing Details

The National Company Law Tribunal Mumbai Bench has scheduled the final hearing for January 30, 2026, following the court's admission of the company petition on December 10, 2025. The hearing will take place in Courtroom No. 1 for the final disposal of the merger application under Sections 230-232 of the Companies Act, 2013.

Public Notice and Compliance

As part of the legal requirements, the company has published notices in local newspapers, including Marathi language publications, to inform stakeholders about the upcoming hearing. The notice provides details about the merger scheme and invites any interested parties to present their views before the tribunal.

The court has mandated that statutory authorities including the Central Government, Registrar of Companies, Income Tax authorities, Reserve Bank of India, SEBI, and Competition Commission of India be notified about the hearing. These authorities have thirty days from receipt of notice to file any representations.

Previous Shareholder Approval

The merger proposal had received overwhelming shareholder support during a court-convened meeting held on November 18, 2025, with 99.99% approval from shareholders representing 23.74% of outstanding shares.