Sumuka Agro Industries Sets March 9 Record Date for Merger with Gujjuubhai Foods
Sumuka Agro Industries Sets March 9 Record Date for Merger with Gujjuubhai Foods is drawing significant interest across the industry.
Sumuka Agro Industries has set March 9, 2026 as the record date for its merger with Gujjuubhai Foods Private Limited, following the merger's effective date of February 23, 2026. The share exchange ratio is fixed at 7:4, where shareholders of Gujjuubhai Foods will receive 7 fully paid equity shares of ?10 each from Sumuka Agro for every 4 shares held in the transferor company.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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