Regulatory9 Jul 2026, 07:51 pm
Sanstar Ltd Receives Trading Approval for 1.8 Cr Equity Shares
AI Summary
Sanstar Ltd has received trading approval from both BSE and NSE for 1,80,24,157 equity shares. These shares, with a face value of Rs. 2 each, were issued at a price of Rs. 110 per share, including a premium of Rs. 108, on a preferential basis to Corn Products Development Inc. The shares are admitted to dealings on the exchanges effective July 10, 2026, and rank pari-passu with existing equity shares. The lock-in period for these shares is until January 14, 2027.
Key Highlights
- Trading approval secured from BSE and NSE for 1.8 Cr equity shares.
- Shares issued on preferential basis at Rs. 110 each to a non-promoter.
- Total issue size amounts to Rs. 198.26 Cr (1.8 Cr shares * Rs. 110).
- Lock-in period for the new shares is until January 14, 2027.
- Shares admitted to trading from July 10, 2026.
Price Impact
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