Sanstar Ltd - 544217 - Announcement under Regulation 30 (LODR)-Change in Management
Sanstar appointed two new directors to its board. Mr. Jacques Georges Florent Guglielmi joins as an Additional Nominee Director and Mr. Niraj Yogeshbhai Shah as an Additional Independent Director for a three-year term, effective June 24, 2026. Both appointments are subject to shareholder approval.
Jun 24 2026 10:56:35
Sanstar Ltd - 544217 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 24Th June, 2026
Sanstar Ltd. board has approved the preferential allotment of 1.8 crore equity shares to Corn Products Development Inc. at an issue price of Rs.110 per share. This fundraise totals Rs.198.27 crore and significantly increases the company's paid-up capital.
Jun 24 2026 10:45:46
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
Read More