Corn Products Acquires 9% Stake in Sanstar Ltd via Preferential Allotment

Corn Products Development Inc. has acquired 1,80,24,157 equity shares of Sanstar Limited, representing 9.00% of the expanded and fully diluted share capital. This acquisition was made through a preferential allotment on June 24, 2026, at an issue price of ₹110 per share, aggregating to ₹1,98,26,57,270. The filing is made pursuant to Regulation 29(1) of SEBI (SAST) Regulations, 2011. Sanstar Limited's equity share capital before the acquisition was ₹36,44,88,500, consisting of 18,22,44,250 equity shares of face value ₹2. The post-acquisition equity share capital is ₹40,05,36,814.