Sanstar Ltd Allots 1.8 Cr Equity Shares, Appoints Two Directors

Sanstar Ltd announced the allotment of 1,80,24,157 equity shares at an issue price of ₹110 per share on a preferential basis to Corn Products Development Inc. This allotment increases the company's issued and paid-up share capital from ₹36.44 Crores to ₹40.05 Crores. Additionally, the company approved the appointment of Mr. Jacques Georges Florent Guglielmi as an Additional Non-Executive Nominee Director and Mr. Niraj Yogeshbhai Shah as an Additional Non-Executive Independent Director. The board meeting was held on June 24, 2026.