https://www.taxtmi.com/news?id=43842 SEBI approval has been granted for the merger by absorption of Gujjubhai Foods into Sumuka Agro Industries, subject to final sanction by the National Company Law Tribunal. The stock exchange previously issued a no-objection; the merger uses a share-swap mechanism providing equity in Sumuka Agro to Gujjubhai shareholders and will substantially increase promoters' ownership, affecting control and governance. en-us Fri, 16 May 2025 10:31:03 +0530 Fri, 16 May 2025 10:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43842 SEBI approval has been granted for the merger by absorption of Gujjubhai Foods into Sumuka Agro Industries, subject to final sanction by the National Company Law Tribunal. The stock exchange previously issued a no-objection; the merger uses a share-swap mechanism providing equity in Sumuka Agro to Gujjubhai shareholders and will substantially increase promoters' ownership, affecting control and governance. News - Fri, 16 May 2025 10:31:03 +0530 https://www.taxtmi.com/news?id=43842