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Sumuka Agro Industries LtdImportant, 20-03-2026: Company Update

20-03-2026 | 07:38 pm

Sumuka Agro Industries' Board, in a recent meeting, approved the allotment of 1.38 crore new equity shares following its merger with Gujjubhai Foods. Shareholders of Gujjubhai Foods received 7 Sumuka shares for every 4 shares held, based on the Record Date. This move increases Sumuka's paid-up equity capital to Rs. 20.92 crore, comprising 2.09 crore shares, each with a face value of Rs. 10. These newly allotted shares are set to be listed and traded on BSE. This action finalizes the merger's share exchange, expanding the company's capital base.

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