Sumuka Agro Industries Limited (formerly known as Super Papers Limited), a company registered under CIN: L74110MH1989PLC289950, has officially updated its shareholders and the Bombay Stock Exchange (BSE) regarding a delay in the transition of its Share Transfer Agent (STA).

In a formal disclosure dated May 2, 2025, and submitted to BSE under Ref. No. BSE/Reg.30/May2025/1, the company stated that its previously appointed Share Transfer Agent, M/s Purva Sharegistry India Private Limited (SEBI Registration No. INR000001112), has not yet completed the transfer of all necessary documents and records to the newly appointed STA, M/s Integrated Registry Management Services Private Limited (SEBI Registration No. INR000000544).

This issue was originally communicated via a previous correspondence dated March 12, 2025, wherein the company had announced its decision to replace its STA in line with operational and compliance requirements. However, as of May 2, 2025, the transition remains incomplete.

Due to this delay, M/s Purva Sharegistry India Private Limited will continue as the Share Transfer Agent until the close of business hours on May 15, 2025. This extension provides additional time for the full and secure transfer of all relevant shareholder records, dematerialisation data, and investor communication documents from the outgoing to the incoming agent.

Regulatory Compliance and Communication

This intimation has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates companies to disclose any material developments that may impact shareholders and market participants.

The disclosure, signed by Ms. Shaili Patel, Director and CFO (DIN: 07836396), emphasizes that the delay is logistical in nature and that the company remains committed to maintaining smooth operations and complete transparency throughout the transition period.

It further reiterates that until May 15, 2025, any shareholder services such as physical transfer of shares, demat/remat requests, transmission, dividend revalidation, or address change requests will continue to be handled by Purva Sharegistry India Pvt. Ltd.

Background of the STAs Involved

• Purva Sharegistry India Private Limited, with SEBI Registration No. INR000001112, has been managing Sumuka Agro’s STA operations until this change.

• Integrated Registry Management Services Private Limited, with SEBI Registration No. INR000000544, is poised to take over post May 15, 2025, subject to successful handover.

Both entities are SEBI-registered Registrar and Transfer Agents (RTAs) and are mandated to adhere to SEBI’s guidelines for safekeeping and management of investor records and transaction data.

Implication for Shareholders and Investors

While the transition process is extended, there is no disruption expected for investors. The company has assured that all services will continue seamlessly during the interim period, with full cooperation between both outgoing and incoming STAs. Shareholders need not take any action at this point unless specifically contacted by the company or the respective STA for clarifications or confirmations.

This also highlights the importance of timely and coordinated record handovers in the realm of public company compliance, especially when sensitive shareholder data is involved.

Key Takeaways

• Current STA: Purva Sharegistry India Pvt. Ltd.

• New STA: Integrated Registry Management Services Pvt. Ltd.

• Transition Status: Delayed due to pending document handover.

• Effective Change Date: Now rescheduled to May 15, 2025 (close of business hours).

• Compliance: Fully aligned with SEBI LODR Regulation 30 requirements.

• Next Update: Likely post-May 15, 2025, confirming successful transition.

Conclusion

The extension of the STA transition timeline by Sumuka Agro Industries Limited reflects a practical approach toward ensuring regulatory and operational diligence. With investor trust and record integrity being paramount, this additional time will help the company facilitate a smooth handover. The company has demonstrated a transparent communication strategy by informing the BSE and public shareholders about this development well in advance.

For investors, this update serves as reassurance that services will continue without interruption, and the transition is being carefully managed within the purview of SEBI guidelines. Future communication is expected after the handover is completed by mid-May 2025.

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