Sanstar Fund Raise of ₹198.3 Cr
Sanstar Limited approved a ₹198.3 Crore preferential equity issue to Ingredion Incorporated's subsidiary. The strategic partnership includes a joint venture for specialty pharmaceutical ingredients.
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- ₹198.3 Cr
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Sanstar Limited approved a ₹198.3 Crore preferential equity issue to Ingredion Incorporated's subsidiary. The strategic partnership includes a joint venture for specialty pharmaceutical ingredients.
Sanstar Limited approved a ₹198.27 Crore fund raise via preferential issue to a subsidiary of Ingredion Incorporated. It also announced a 30% joint venture stake.
Sanstar reported FY26 revenue of ₹7,846 Mn and PAT of ₹345 Mn. The firm transitioned toward higher-margin products with expanded 2,350 TPD capacity.
Sanstar Limited's board approved the appointment of Keyur J Shah & Associates as secretarial auditors and Kamal M. Shah & Co. as internal auditors. Both appointments are effective April 2026.
Sanstar Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms overall regulatory adherence with no adverse findings.
Sanstar Limited appointed M/s Keyur J. Shah & Associates as Secretarial Auditors and reappointed Internal Auditors for FY 2026-27. These statutory appointments ensure continued regulatory compliance.
Sanstar Ltd reported revenue from operations of ₹216.8 Cr (-4.5% YoY) and net profit of ₹20.5 Cr (+272.7% YoY) for Q4 FY26.
Sanstar Limited reported its audited financial results for the year ended March 31, 2026. The Board also approved the appointment of new internal and secretarial auditors.
Sanstar Limited scheduled a board meeting on May 23, 2026, to approve audited financial results for fiscal year 2026. Trading window remains closed for designated persons.
Sanstar Limited clarified to BSE that recent price and volume movements are purely market-driven. The company confirms all material information has been duly disclosed to exchanges.
Sanstar Limited clarified that recent stock price and volume movements are purely market-driven. The company confirmed compliance with all timely disclosure regulations and reporting requirements.
Sanstar Limited confirmed it does not meet the SEBI 'Large Corporate' criteria for FY 2025-26. No mandatory incremental borrowing through debt securities was required.
Sanstar Limited confirmed full utilization of its ₹397.10 Crore public issue proceeds. Acuité Ratings and Research observed no deviations from the stated objects.
Sanstar Limited commissioned its expanded native starch capacity at Dhule, increasing total capacity to 2,350 TPD. The ₹181.6 Crore project strengthens its market leadership in maize-based specialty products.
Sanstar Ltd confirmed it does not qualify as a 'Large Corporate' for FY 2026-27 under SEBI regulations. The company's outstanding borrowings were ₹19.93 Crore, below the ₹1,000 Crore threshold. Consequently, the initial disclosure requirements for large corporates are not applicable to the company.
Sanstar Limited submitted its Structured Digital Database (SDD) compliance certificate for the quarter and year ended March 31, 2026. The company confirmed it maintained a non-tamperable database and captured four UPSI-related events during the period.