Updates

»#‘t‘t \tzt NN g S nstar Limited Regd. & Corp. Office : “Sanstar House” Nr. Parimal Under Bridge, Opp. Suvidha Shopping Centre, Paldi Ahmeda— b3a800d07 . Gujarat (India) Phone : +91 79-26651819 /20/ 2 1 Fax : +91 79-26651822 CIN : U15400GJ1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in June 29, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No: C/1, G Block, Phiroze Jejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai - 400 051. Mumbai — 400 001 Scrip Symbol: SANSTAR Serip Code: 544217 Sub: Disclosure under regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”) Dear Sir/Madam, We have received intimation from Corn Products Development Inc. (Acquirer) pursuant to Regulation 29(1) of the SEBI (SAST) Regulations regarding acquisition of 1,80,24,157 Equity Shares, representing 9.00% of the expanded share capital of the Target Company and 9% of the fully diluted share capital of the Target Company post-acquisition pursuant to Preferential Allotment. In this regard we are submitting herewith disclosure received from Corn Products Development Inc. pursuant to Regulation 29(1) of the SEBI (SAST) Regulations dated 26" June, 2026. Kindly take the same on record. Thanking you. For, Sanstar Limited Fagun Harsh Shah Company Secretary & Compliance Officer M. No.: ACS-62163 Place: Ahmedabad 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) June 26, 2026 M To, To, To, The Board of Directors, National Stock Exchange of India BSE Limited Sanstar Limited Limited Phiroze Jejeebhoy Towers, Sanstar House, Nr, Parimal Under Exchange Plaza, 5th Floor, Plot No: C/1, G Dalal Street, Bridge Block, Mumbai - 400 001 Opp. Suvidha Shopping Center, Paldi Bandra Kurla Complex, Bandra (E), Scrip Code: 544217 Ahmedabad — 380007 Mumbai — 400 051. Scrip Symbel: SANSTAR Sub: Disclosure under regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”) Dear Sir / Madam, In compliance with the provisions of Regulation 29(1) of SEBI (SAST) Regulations, we, Corn Products Development, Inc., (“Acquirer”) having our principal place of business at ¢/o Ingredion Incorporated, 5 Westbrook Corporate Center, Westchester, Illinois - 60154, USA and registered office at c/o CT Corporation, 1209 Orange Street, Wilmington, Delaware - 19801, USA, wish to inform you that, we have acquired 1,80,24,157 Equity Shares of Sanstar Limited (“Target Company”) (representing 9.00% of the expanded share capital of the Target Company and 9.00% of the fully diluted share capital of the Target Company post-acquisition) pursuant to the Preferential Allotment in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 on June 24, 2026, the details of which are as follows: 1 June 24, 2026 (Equity Shares) 1,80,24,157 9.00 9.00 Total 1,80,24,157 9.00 9.00 Note: (*)Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. — No outstanding convertible securities allotted. Accordingly, enclosed herewith the requisite disclosure under Regulation 29(1) of SEBI (SAST) Regulations. Kindly take the same on record. Thanking you, orn_Prodicts Development, Inc. (Acquirer) Authorised Signatory Name: Harshad Naik Place: Mumbai Date: June 26, 2026 Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Part-A-Details of the Acquisition Name of the Target Company (TC) Sanstar Limited Name(s) of the acquirer and Persons Acting in Corn Products Development Inc. Concert (PAC) with the acquirer Whether the acquirer belongs to Promoter / Promoter group Name(s) of the Stock Exchange(s) where the BSE Limited; and shares of TC are Listed National Stock Exchange of India Limited % w.r.t. total | % w.r.t. total Diluted e share/voting capital | share/voting capital Details of the acquisition as follows Number wherever of the TC applicable(! Before the acquisition under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights fl:]l g:]l El: b) Shares in the nature of encumbrance & (pledge/ lien/ non-disposal undertaking/ others) . . . Nil Nil Nil ¢) Voting rights (VR) otherwise than by shares ! ! ! d) Warrants/convertible securities/any other lnstr_umem that en‘mles t.he SCUireE to Nil Nil Nil receive shares carrying voting rights in the TC (specify holding in each category) Total (a+b+c+d) Nil Nil Nil Details of acquisition a) Shares carrying voting rights acquired’ 1,80,24,157 9.00 9.00 b) VRs acquired otherwise than by equity Nil Nil Nil shares c) Warrants/convertible securities/any ~other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired d) Shares in the nature of encumbrance Nil Nil Nil (pledge/ lien/ non-disposal undertaking/ others) Total (a+b+c+/-d) 1,80,24,157 9.00% 9.00% After the acquisition, holding of acquirer along with PACs of: a) Shares carrying voting rights 1,80,24,157 9.00 9.00 b) VRs otherwise than by equity shares Nil Nil Nil c) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition d) Shares in the nature of encumbrance Nil Nil Nil (pledge/ lien/ non-disposal undertaking/ others) Total (a+b+c+d) 1,80,24,157 9.00% 9.00% Mode of acquisition (e.g., open market / public issue / rights issue / preferential allotment / inter- Preferential Allotment se transfer/encumbrance, etc.) Salient features of the securities acquired 1,80,24,157 Equity Shares at an issue price of Z110/- per equity including time till redemption, ratio at which it share aggregating to ¥1,98,26,57,270/-. can be converted into equity shares, etc. Date of acquisition of/ date of receipt of intimation of allotment of shares / VR/ warrants/convertible securities/any other June 24, 2026 instrument that entitles the acquirer to receive shares in the TC. i %36,44,88,500/- (Rupees Thirty Six Crores Forty Four Lakhs Equity share capital / total voting capital of the TC Eighty Eight Thousand Five Hundred Only) consisting of before the said acquisition 18,22,44,250 equity shares of face value 32/- each. %40,05,36,814/- (Rupees Forty Crores Five Lakhs Thirty Six Equity share capital/ total voting capital of the TC Thousand Eight Hundred and Fourteen Only) consisting of after the said acquisition 20,02,68,407 equity shares of face value of 32/- each fully paid. 40,05,36,814/- (Rupees Forty Crores Five Lakhs Thirty Six Total diluted share/voting capital of the TC after Thousand Eight Hundred and Fourteen Only) consisting of the said acquisition 20,02,68,407 equity shares of face value of 22/- each fully paid. Note: 1. Considering the expanded share capital and fully diluted capital including allotment of 1,80,24,157 Equity Shares. The details of Acquirer and PACs are given in part B. Eox,Corn Pr cts Development Inc. (Acquirer) Au ‘d Signatory Name: Harshad Naik Place: Mumbai Date: June 26, 2026