Key Quantitative Figures

  • Number of Shares: 1,80,24,157 (One Crore Eighty Lakhs Twenty-Four Thousand One Hundred Fifty-Seven) Equity Shares
  • Face Value: ₹2 per share
  • Issue Price: ₹110 per share
  • Premium: ₹108 per share
  • Distinctive Numbers: 182244251 to 200268407

Dates of Action

  • Application References: Previous intimations dated 25th May 2026, 28th May 2026, and 16th June 2026
  • Approval Date: 2nd July 2026 (from both BSE and NSE)
  • BSE Reference: LOD/PREF/DA/FIP/462/2026-27 dated 2nd July 2026
  • NSE Reference: NSE/LIST/56009 dated 2nd July 2026

Parties Involved

  • Issuing Company: Sanstar Limited
  • Allottee: Corn Products Development Inc. (Non-promoter)
  • Regulatory Authorities: BSE Limited and National Stock Exchange of India Limited
  • Depositories: NSDL and CDSL (referenced for future requirements)
  • Company Officials: Fagun Harsh Shah, Company Secretary & Compliance Officer (ACS-62163)

Capital Structure Impact

  • The issuance adds 1,80,24,157 equity shares to the company's capital structure
  • The allottee is specifically identified as a non-promoter entity
  • The company must file updated shareholding pattern if change exceeds 2% of total paid-up capital

Next Steps and Requirements

  • Company must obtain confirmation from depositories (NSDL/CDSL) about crediting shares to beneficiary accounts
  • Company must file for trading approval within seven working days from grant of listing approval
  • Required documents include: listing approval from other exchange (if applicable), depository confirmation letters, and lock-in confirmation for pre-preferential holding (if applicable)
  • Non-compliance with trading approval timeline will attract fines as per SEBI circular

Additional Information

  • The information has been placed on the company's website at www.sanstar.in
  • The NSE has launched a mobile application called "NEAPS APP" available on App Store/Play Store