Sanstar Ltd - 544217 - Extra-Ordinary General Meeting Scheduled To Be Held On Saturday, 20Th June, 2026
Sanstar is conducting an EGM on June 20, 2026, to seek shareholder approval for a preferential issue of equity shares amounting to Rs. 198.27 crore to Corn Products Development Inc. This fundraise, at Rs. 110 per share, is intended to support working capital requirements and general corporate purposes.
May 29 2026 18:25:38
Sanstar Limited
Sanstar Limited formed a joint venture with Ingredion Incorporated to manufacture specialty pharmaceutical and ingredient products in India. The company also approved a Rs.198.3 crore preferential issue to Ingredion's subsidiary, which will hold a 9.0% stake.
May 28 2026 18:31:07
Sanstar Ltd - 544217 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Sanstar's board approved a preferential issue of Rs.198.3 crore to Corn Products Development Inc., a subsidiary of Ingredion, for a 9% stake at Rs.110/share. This is part of a strategic joint venture to manufacture specialty pharmaceutical and ingredient products.
May 28 2026 18:23:33
Sanstar Ltd - 544217 - Announcement under Regulation 30 (LODR)-Preferential Issue
Sanstar Ltd's board has approved raising Rs.198.26 crore through a preferential issue of 1.80 crore equity shares to Corn Products Development Inc. at Rs.110 per share. The allottee will hold 9% of the fully diluted share capital. This fundraise is subject to shareholder approval at an EGM on June 20, 2026.
May 28 2026 13:25:35
Sanstar Ltd - 544217 - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
Sanstar Board approved crucial amendments to its Memorandum and Articles of Association. These include increasing the authorized share capital from Rs.38 cr to Rs.50 cr and diversifying the main object clause to expand business activities, pending shareholder approval at an EGM.
May 28 2026 13:21:51
Sanstar Ltd - 544217 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Sanstar Ltd reported a strong Q4 FY26 performance with PAT increasing 271.2% YoY to Rs. 20.5 crore. Revenue for the quarter stood at Rs. 216.8 crore, up 7.4% QoQ, driven by operational recovery and expanded capacity to 2,350 TPD.
May 27 2026 14:14:14
Sanstar Limited
Sanstar board will meet on May 28, 2026, to discuss a proposal for fundraising. This could involve issuing equity shares or other securities through methods like private placement, preferential issue, rights issue, or Qualified Institutional Placement (QIP).
May 25 2026 19:13:53
Sanstar Limited
Sanstar Limited's Board of Directors is scheduled to meet on May 28, 2026, to discuss and consider proposals for fundraising. The proposed method for fundraising includes a preferential issue, with further details to be decided.
May 25 2026 19:11:07
Sanstar Ltd - 544217 - Board Meeting Intimation for Fund Raising By Way Of Equity Shares
Sanstar's Board of Directors will convene a meeting on May 28, 2026. The primary agenda is to consider a proposal for fundraising through the issuance of equity shares or other eligible securities via modes like QIP, preferential issue, or rights issue.
May 25 2026 19:02:07
Sanstar Ltd - 544217 - Board Meeting Outcome for Board Meeting Outcome For The Meeting Held On 23Rd May, 2026
Sanstar's board approved Q4 FY26 standalone financial results, reporting revenue of ₹216.78 crore and net profit of ₹20.49 crore. The company also appointed M/s. Keyur J. Shah & Associates as secretarial auditor and M/S. Kamal M. Shah & Co. as internal auditor for FY26-27.
May 23 2026 17:36:22
Read More