Sanstar Limited (SANSTAR) — Board Meeting(3 announcements)

Sanstar Limited held an Extraordinary General Meeting on 20 June 2026, approving a preferential issue of ~1.80 crore shares to Corn Products Development Inc. at a valuation of ~[amount not verified], raising its post‑issue stake to ~9%. The meeting also increased authorized capital, amended the Articles of Association and object clause, and granted special investor rights. Voting via remote and on‑site e‑voting saw >99.9% approval across all resolutions, with results filed by company secretary Keyur J. Shah & Associates.

Sanstar Limited held an EGM on 20 June 2026 to approve a 9% preferential stake sale to Corn Products Development Inc, raising [amount not verified] for working capital, alongside increasing authorized capital and amending its charter documents, with all resolutions passed via remote e-voting.

Sanstar Limited announced that all five resolutions proposed in its Extraordinary General Meeting held on 20th June 2026 were passed with requisite majority, including increasing authorized share capital, issuing equity shares via preferential allotment, granting special rights to Corn Products Development Inc., amending the Articles of Association, and modifying the object clause of the Memorandum of Association. The voting results and scrutinizer's report were submitted to stock exchanges.