Sanstar Ltd - 544217 - Announcement under Regulation 30 (LODR)-Issue of Securities
Sanstar's EGM approved a preferential issue of 1.80 crore equity shares to Corn Products Development Inc. for Rs.198.26 crore. This issue will result in the investor holding about 9% of the post-issue share capital, strengthening growth prospects.
Jun 20 2026 15:57:13
Sanstar Ltd - 544217 - Announcement under Regulation 30 (LODR)-Preferential Issue
Sanstar's EGM approved a preferential issue of 1.8 crore equity shares to Corn Products Development Inc. for Rs. 198.26 crore. This fundraise will be used for working capital and general corporate purposes, aiming to strengthen growth prospects.
Jun 20 2026 15:53:08
Sanstar Ltd - 544217 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Sanstar's Extraordinary General Meeting (EGM) on June 20, 2026, approved the issuance of equity shares via preferential issue to a non-promoter entity. The EGM also sanctioned an increase in the company's authorized share capital and granted special rights to Corn Products Development Inc. This move paves the way for potential capital infusion and strategic partnership.
Jun 20 2026 15:19:08
Sanstar Ltd - 544217 - Shareholder Meeting / Postal Ballot-Outcome of EGM
Sanstar's EGM approved a preferential issue of 1.80 crore equity shares to Corn Products Development Inc. (Ingredion group) for Rs.198.26 crore. This fundraise, resulting in ~9% post-issue equity for the investor, is aimed at strengthening growth prospects and meeting working capital needs.
Jun 20 2026 12:29:43
Sanstar Ltd - 544217 - Announcement under Regulation 30 (LODR)-Preferential Issue
Sanstar has received in-principle approval from BSE and NSE for a preferential issue of 1.80 crore equity shares at an issue price of Rs.110 per share. This fundraise of Rs.198.27 crore will be issued to Corn Products Development Inc., a non-promoter.
Jun 16 2026 15:36:03
Sanstar Ltd - 544217 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For Clarification W.R.T. The Notice Of Extra-Ordinary General Meeting
Sanstar issued clarifications for its Extra-Ordinary General Meeting (EGM) notice, addressing observations from the National Stock Exchange concerning the proposed preferential issue of equity shares. The company confirmed a valuation report was obtained and outlined interim fund deployment plans.
Jun 12 2026 16:57:10
Sanstar Ltd - 544217 - Corrigendum To The Notice Of The Extraordinary General Meeting
Sanstar issued a corrigendum to its EGM notice, amending details for a proposed preferential issue of approximately 1.8 crore equity shares. The proposed allottee will receive special rights, including board nomination and pre-emptive rights to subscribe to future share issues.
Jun 08 2026 19:22:05
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 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
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