Sumuka Agro Industries Ltd — Important, 19-03-2026: Company Update
19-03-2026 | 07:29 pm
19-03-2026 | 07:29 pm
Sumuka Agro Industries Limited is acquiring 100% equity in Arkaa Cluster Private Limited for an equity valuation of INR 35 Cr through a share swap. Arkaa Cluster trades food products, agro commodities, offers warehousing services, and holds an investment in Urban Millets (True Millet brand). This acquisition strategically diversifies Sumuka Agro into complementary South India agro-food segments like millets and warehousing, aligning with its FMCG business. This move is expected to strengthen its market position in health foods, expand its product portfolio, and drive revenue growth. Arkaa Cluster reported a turnover of INR 150.61 Cr in FY25.
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