Sumuka agro industries Limited has received approval from the National Company Law Tribunal (NCLT) Mumbai Bench for its merger scheme with Gujjuhbhai Foods Private Limited. The company announced this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

NCLT Order Details

The NCLT Mumbai Bench pronounced its order on February 4, 2026, sanctioning the Scheme of Merger by Absorption between the two companies. Under this arrangement, Gujjuhbhai Foods Private Limited serves as the transferor company, while Sumuka Agro Industries Limited acts as the transferee company.

Implementation Process

The company is currently in the process of obtaining certified copies of the NCLT order. Once received, Sumuka Agro Industries will notify the stock exchanges and make the information available on the company's website. The merger scheme will come into effect after completing several regulatory requirements.

Key Implementation Steps:

• Filing certified copies with Registrar of Companies, Ministry of Corporate Affairs
• Completion of form INC28 submission
• Fulfillment of other conditions specified in the scheme

Corporate Structure

The announcement was signed by Paresh Thakker, Managing Director of Sumuka Agro Industries Limited (DIN: 07336390), and digitally authenticated on February 5, 2026. The merger represents a strategic consolidation move that will integrate Gujjuhbhai Foods' operations into Sumuka Agro Industries' business framework.

The company has assured stakeholders that all regulatory compliance requirements will be met before the scheme's implementation, ensuring a smooth transition process for both entities and their respective shareholders.

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.