Sanstar Limited has announced another acquisition of equity shares by its promoter group entity, marking continued investment in the company. The disclosure was made in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Recent Transaction Activity

Sambhav Starch Products Private Limited, classified as a promoter group entity, has made multiple share purchases in recent days. Following their acquisition of 40,000 equity shares on 17.03.2026, 18,000 shares on 19.03.2026, and 10,000 shares on 20.03.2026, the entity purchased an additional 40,000 equity shares on 23.03.2026. All transactions were executed through market purchase on BSE and NSE exchanges.

Updated Shareholding Position

The latest acquisition has further increased the promoter group's stake in the company. Starting from an initial holding of 1,05,93,250 equity shares (5.81%), the shareholding has progressively increased through these transactions to reach 1,07,01,250 shares representing 5.87% of the company.

Regulatory Compliance and Documentation

The latest disclosure was submitted pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company received intimation about the transaction on 24.03.2026 and forwarded the disclosure to both BSE Limited and National Stock Exchange of India Limited.

Sambhav Starch Products Private Limited, registered with PAN number AACCS8731R, is located at Sanstar House Nr Parimal Under Bridge Opp Suvidha Shopping Centre Paldi Ahmedabad, Gujarat India 380007. The disclosure was signed by Sambhav Gautam Chowdhary, Director with DIN 01370802.

The disclosure was made in Form B as prescribed under the PIT Regulations and was countersigned by Fagun Shah, Company Secretary & Compliance Officer (Membership No: ACS-62163) on behalf of Sanstar Limited. The systematic approach to regulatory compliance demonstrates the company's commitment to transparency in insider trading disclosures.

Sanstar Limited has submitted a revised disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015, correcting a clerical error in its earlier filing regarding promoter group share acquisitions. The company clarified that the transactions were market purchases, not off-market transactions as previously reported.

Correction Details

On March 11, 2026, Sanstar Limited filed revised Form B disclosures with BSE and NSE to correct an inadvertent error in its March 9, 2026 submission. The original disclosure incorrectly stated that the equity share acquisitions by promoter group entities were executed as off-market transactions, when they were actually market purchases.

Transaction Summary

The corrected disclosure maintains all other transaction details from the original filing, with only the acquisition mode being rectified. Both promoter group entities executed their share purchases through market transactions on BSE and NSE platforms on March 5, 2026.

Regulatory Compliance

Company Secretary and Compliance Officer Fagun Harsh Shah submitted the revised disclosures following a March 10, 2026 letter from the promoter group requesting correction of the error. The company emphasized that this revision should not be construed as non-compliance, as it addresses only an inadvertent clerical mistake in the original submission.

The corrected Form B filings properly reflect the market purchase nature of the transactions, ensuring accurate regulatory records with both BSE (Scrip Code: 544217) and NSE (Symbol: SANSTAR). All other aspects of the original disclosure, including transaction dates, share quantities, and shareholding percentages, remain unchanged.