Appointment

Limited Regd. & Corp. Office : “Sanstar House” Nr. Parimal Under Bridge, C)pp. Suvidha Shopping Centre, Paldi Ahmedabad – 380007. Gujarat (India) Phone : +91 79-26651819 /20 / 21 Fax : +91 79-26651822 CIN : U15400G J1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in Date: 24u’ June,2026 BSE Limited National Stock Exchange of India Limited Phiroze Jejeebhoy Towers, Listing Department DalaI Street, Exchange Plaza, 5th Floor, Mumbai - 400 001 Plot no. C/1, G-Block, Bandra Kurla Complex, Scrip Code: 544217 Bandra (E), Mumbai - 400051 Symbol: SANSTAR Sub: Outcome of Board Meeting held on Wednesday, 24th June, 2026 Re: Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Dear Sir/ Madam, In continuation to our intimations dated lvlay 28, 2026 and June 16, 2026, and pursuant to Regulation 30 and other applicable provisions of the SEBI LODR Regulations, we wish to inform you that pursuant to the approval of the Members of the Company and in-principle approval received from National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”) on June 15, 2026 (“Stock Exchanges”); the Board of Directors of the Company at its meeting held today i.e., 24th June, 2026 has inter alia approved the allotment of the following securities on a preferential basis: 1. Allotment of 1,80,24,157 (One Crore Eighty Lakh Twenty-Four Thousand One Hundred and Fifty-Seven) fully paid-up Equity Shares of face value of q2/- (Rupees Two only) each of the Company at an issue price of 1110 (Rupees One Hundred and Ten Only) (which includes a premium of 1108) per Equity Shares on a preferential basis to Corn Products Development Inc. (“Investor”). Further, the Equity Shares allotted on a preferential basis shall be subject to such lock-in restriction as prescribed under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The requisite disclosure as required in terms of Para A of Part A of Schedule III of Regulation 30 of the SEBI LODR Regulations read with Securities and Exchange Board of India (“SEBI") Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are provided in Annexure I, enclosed herewith. Pursuant to the allotment of the said Equity Shares, the total issued and paid-up share capital of Sanstar limited (“Company") has increased from 136,44,88,500 /- (Rupees Thirty-Six Crores Forty-Four Lakhs 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) Limited Regd- & Corp. Offic8 : “Sanstar House” Nr. Parimal Under Bridge, C)pp. Suvidha Shopping Centre, Paldi Ahmedabad – 380007. Gujarat (India) Phone : +91 79-26651819 /20 / 21 Fax : +91 79-26651822 CIN : U15400G J1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in Eighty-Eight Thousand Five Hundred Only) to 140,05,36,814 /- (Rupees Forty Crores Five Lakhs Thirty Six Thousand Eight Hundred and Fourteen Only). 2. Approved the appointment of Mr. Jacques Georges Florent Guglielmi (DIN: 10603100) as an Additional (Non-Executive Nominee Director) of the Company, nominated by the Investor, which shall be reguIarized in accordance with applicable laws. The details required under Regulation 30 of the SEBI LODR Regulations read with SEBI Circular No HO/49/14/14(7)2025-CFD-POD2/1/3762/2026d ated January 30, 2026 in respect of the aforesaid appointment is enclosed as Annexure ll. 3. Approved the appointment of Mr. Niraj Yogeshbhai Shah (DIN: 06362791) as an Additional Director (Non- Executive Independent Director) of the Company for a term of Three (3) consecutive years with effect from 24th June, 2026, subject to the approval of shareholders of the Company. The Board noted that the aforesaid Independent Director satisfies the criteria of independence as prescribed under the Companies Act, 2013 and the SEBI LODR Regulations and is not debarred from holding the office of director by virtue of any order of the Securities and Exchange Board of India or any other authority. The details required under Regulation 30 of the SEBI LODR Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026d ated January 30, 2026 in respect of the aforesaid appointments are enclosed as Annexure Ill. The meeting of the Board commenced at 10:00 A.M. and concluded at 10:30 A.M. The aforesaid intimation is also being hosted on the website of the Company www.sanstar.in Kindly take on record the Yours sincerely, For Sanstar Limited Fagun Harsh Shah Company Secretary & Compliance Officer Membership No.: 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) Limited Road- & CorD- Office : “Sanstar House” Nr. Parimal Under Bridge, C)pp. Suvidha Shopping Centre, Paldi, Ahmedabad – 380007. Gujarat (India) Phone : +91 79-26651819 /20 / 21 Fax : +91 79-26651822 C IN : U15400G J1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in Annexure I DISCLOSURE PURSUANT TO PARAGRAPH A OF PART A, SCHEDULE III OF THE SEBI LODR REGULATIONS READ WITH THE HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 DATED JANUARY 30, 2026. Preferential Issue (Disclosure post allotment of Securities) No ! Particulars Details of Securities Type of Securities Equity Shares of face value of 12/- (Rupees Two only) each; Type of Issuance Preferential issue of the Equity shares in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and applicable provisions of the Companies Act, 2013 and the rules made thereunder and other aDDlicable laws 3. o 57 (One Crore Eighty Lakh Twenty-Four Thousand One Securities proposed Hundred and Fifty Seven) Equity Shares having face value of { 2/- ( Rupees Two to be issued or the 1 Only) each, at an issue price of :110/- (Rupees One Hundred and Ten Only) per total amount for I Equity Shares aggregating to t1,98,26,57,270/- (Rupees One Hundred and Ninety which the Securities I Eight Crore Twenty Six Lakh Fifty Seven Thousand Two Hundred and Seventy waKe issued I onI In case of preferential issue the listed entity shall disclose the following additional details to the stock exchangefs i. Name of the Corn Products Development Inc. a company incorporated under the laws of State Investors of Delaware, United States of America and having its principal business address at c/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 ii. Post allotment of I Pre-issue %it-issue securities shareholdinl shareholdin outcome of the subscription, issue Corn Products Equity 8 price / allotted Development Shares price (in case of Inc. convertibles) Issue Price: Equity shares at an issue price of 1110 (Rupees One Hundred and Ten only) The Equity Shares allotted to the Investor shall be locked in for a period as specified in the provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. I of investors 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) 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 : U15400G J1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in In case of Not Appli [Showing first 8,000 characters — download PDF for full document]