Sumuka Agro Industries Ltd — Important, 24-12-2025: Company Update

The National Company Law Tribunal has admitted the petition for the Scheme of Arrangement between GUJJUBHAI FOODS PRIVATE LIMITED (Transferor Company) and SUMUKA AGRO INDUSTRIES LIMITED (Transferee Company). This marks a significant step forward in their proposed merger. The NCLT has directed the companies to issue notices to various statutory authorities and publish the hearing notice in newspapers and on their websites. This process allows stakeholders to review and provide representations on the proposed scheme, ensuring transparency as the merger progresses.