Issue of Securities

Limited Regd. & Corp. Office : “Sanstar House” Nr. Parimal Under Bridge, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad — 380007. Gujarat (India) Phone : +91 79-26651819 /20 / 21 Fax : +91 79-26651822 CIN : U15400GJ1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in Date: 20t June, 2026 0, [To, SE Limited, INational Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, [Exchange Plaza, Plot No. C/1, G Block, alal Street, Bandra-Kurla Complex, IMumbai — 400 001 Bandra (E), Mumbai - 400 051 ip Code: 544217 Symbol - SANSTAR Sub: Proceedings of Extra-Ordinary General Meeting of Sanstar Limited Dear Sir/Madam, In accordance with Regulation 30 read with PartA of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby submit the summary of the proceedings of the Extra-Ordinary General Meeting (“EGM”) of the Members of the Company held on Saturday, 20t June, 2026 at 11:00 a.m. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The voting results of EGM will be declared and disseminated on the stock exchanges separately and will also be uploaded on the websites of the Company and NSDL who had provided the voting facility. The EGM commenced at 11:15 A.M. and concluded at 11:26 AM. We request you to take the same on your record. Thanking you, Yours faithfully, For, Sanstar Limited Fagun Harsh Shah Company Secretary & Compliance Officer (ACS-62163) Factory (1) : Gulabpura. Village : Karvand, Taluka : Shirpur, Dist. : Dhule — 425 405. Maharashtra (India) (2) : “Sanstar Nagar” Sukhpar Road, Post Sukapar, Village Morgar, Taluka Bhachau. Dist. Kutch-370 020. Gujarat (India) 9?t* t:&ft Sanstar Limited Regd. & Corp. Office : “Sanstar House" Nr. Parimal Under Bridge, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad — 380007. Guijarat (India) Phone : +91 79-26651819 /20 / 21 Fax : +91 79-26651822 CIN : U15400GJ1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in THE EXTRA-ORDIN. NG OF THE COMPANY HELD ON SATURDAY, 20™ JUNE, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform that the Extra-Ordinary General Meeting (“EGM") of the Members of the Company was held through Video Conferencing (“VC") / Other Audio Visual Means (“OAVM”) on Saturday, 20* June, 2026. The meeting commenced at 11:15 AM. (IST) and concluded at 11:26 A.M. on the same day. The Company Secretary welcomed all the Members. She further introduced the Directors and Representative of Scrutinizer attending the meeting to all the members on the occasion of the EGM. She informed them that in view of the circulars issued by Ministry of Corporate Affairs (“MCA”) and Securities and Exchange Board of India (“SEBI”) read with applicable Secretarial Standards, the EGM was held through VC / OAVM only and she briefed the members about the modalities related to conducting the meeting through VC/ OAVM. Further, the Company Secretary of the Company informed the members that the Company had engaged the services of NSDL for providing the facility for participation in the EGM through VC/ OAVM and for electronic voting on matters set out in the notice convening the EGM dated 28t May, 2026 (“EGM Notice”) read with the corrigendum thereto. The Extra-Ordinary General meeting was attended by the following: Sr. Director DIN Designation i Mr. Gouthamchand Sohanlal Chowdhary | 00196397 Chairman & Managing Director 2 Mr. Sambhav Gautam Chowdhary 01370802 Joint Managing Director 3 Mr. Shreyans Gautam Chowdhary 01759527 Joint Managing Director 4. Mr. Aniket Sunil Talati 02724484 Independent Director 5 Mr. Atul Agarwal 10373422 Independent Director 6. Ms. Sejal Ronak Agrawal 09376887 Independent Director Z Harish Maheshwary - Chief Financial Officer 8. Fagun Harsh Shah - Company Secretary & Compliance Officer 9; CS Keyur Shah - Scrutinizer of the EGM 10. Mr. Vikram Chaudhary - Authorised person of National Securities Depository Limited As the requisite quorum was present, the meeting was called to order and thereafter, Company Secretary has requested for brief presentation on the Company. Factory (1) : Gulabpura. Village : Karvand, Taluka : Shirpur, Dist. : Dhule — 425 405. Maharashtra (India) (2) : “Sanstar Nagar” Sukhpar Road, Post Sukapar, Village Morgar, Taluka Bhachau. Dist. Kutch-370 020. Gujarat (India) Sanstar Regd. & Corp. Office : “Sanstar House” Nr. Parimal Under Bridge, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad — 380007. Gujarat (India) Phone : +91 79-26651819 /20 / 21 Fax : +91 79-26651822 CIN : U15400GJ1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in The Chairman welcomed the Members and addressed the Meeting. Thereafter, the Chairman requested Mr. Sambhav Gautam Chowdhary, Joint Managing Director to take the proceedings of the Meeting forward and continue with the agenda items. Mr. Sambhav Gautam Chowdhary briefed the members on the Company's growth trajectory and increasing working capital requirements arising from expansion of manufacturing capacities and business operations. Mr. Sambhav informed the members about the proposed preferential issue of 1,80,24,157 (One crore eighty lakh twenty four thousand one hundred and fifty seven) equity shares to Corn Products Development Inc, an Ingredion group company, (“Investor”) aggregating approximately 31,98,26,57,270 (Rupees one hundred ninety eight crore twenty six lakh fifty seven thousand two hundred and seventy only), which would resulitn the investor holding about 9% (nine percent) of the post-issue share capital of the Company. He clarified that the proposed investment would not result in any change in management or control of the Company. Mr. Sambhav further informed the members that the proceeds of the preferential issue would be utilized primarily towards working capital requirements and general corporate purposes. He also highlighted that the proposed strategic association with Ingredion is expected to strengthen the Company's growth prospects and create long-term value for stakeholders. Mr. Sambhav explained that, in connection with the proposed investment, certain investor rights (as set out below) and consequential amendments to the Articles of Association are proposed and placed before the members for approval under Agenda Items No. 2, 3 and 4. The special rights proposed to be granted to the Proposed Allottee include: (i) the right to nominate a non-executive and non-independent director on the Board (Investor Director); (ii) pre-emptive rights to subscribe to additional equity shares or equity securities proposed to be issued by the Company; (iii) consultation rights, affirmative voting rights and information rights with respect to certain specified matters as further detailed in the Shareholders' Agreement dated May 28, 2026 and Articles of Association of the Company. He concluded by recommending the resolutions to the shareholders for their approval. Thereafter, with the consent of the Members present, the Notice convening the Extra-Ordinary General Meeting dated 28t May, 2026 read with the Corrigendum dated 8t June, 2026 along with the Explanatory Statement annexed thereto was taken as read. In terms of the Notice dated 28t May, 2026 convening the Extra-Ordinary General Meeting of the Company, the following items of business were transacted at the Meeting: Factory (1) : Gulabpura. Village : Karvand, Taluka : Shirpur, Dist. : Dhule — 425 405. Maharashtra (India) 2): “Sanstar Nagar” Sukhpar Road, Post Sukapar, Village Morgar, Taluka Bhachau. Dist. Kutch-370 020. Gujarat (India) s*t&‘ &t * REE LY Sanstar Limited Regd. & Corp. Office : “Sanstar House” Nr. Parimal Under Bridge, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad — 380007. Gujarat (India) Phone : +91 79-26651819 /20 / 21 Fax : +91 79-26651822 CIN : U15400GJ1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in Sr. No. | Resolutions Type of Reso [Showing first 8,000 characters — download PDF for full document]