Sanstar Limited has announced the reaffirmation of its credit ratings by CARE Ratings Limited, maintaining a stable outlook on the company's financial position. The rating agency has reviewed and reaffirmed the ratings based on the company's recent operational and financial performance for FY25 and 9MFY26.

Credit Rating Details

CARE Ratings Limited has reaffirmed Sanstar Limited's credit ratings across its bank facilities worth ₹113.75 crore. The rating review was conducted following the company's audited financial results for FY25 and 9MFY26.

Banking Relationships and Facility Structure

The company's banking arrangements are primarily structured through Karur Vysya Bank Ltd., which provides the majority of the rated facilities. The facility structure includes both fund-based and non-fund-based limits across different categories.

Short Term Facilities Breakdown

The long-term/short-term facilities of ₹95.00 crore are entirely provided by Karur Vysya Bank Ltd. through fund-based limits.

Regulatory Compliance

The rating reaffirmation was communicated to stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and The National Stock Exchange of India Limited about the credit rating status.

Rating Methodology and Timeline

CARE Ratings conducted its review based on the company's recent developments, including operational and financial performance metrics. The rating agency has indicated that it reserves the right to undertake surveillance and review of the rating from time to time, with at least one review annually. The ratings reflect the agency's assessment as of the review date and are subject to periodic monitoring throughout the facility lifetime.

Sanstar Limited has disclosed another market purchase by its promoter group entity, demonstrating continued confidence in the company's prospects. The latest transaction by Sambhav Starch Products Private Limited further increases the promoter group's shareholding while maintaining full regulatory compliance.

Latest Transaction Details

The most recent share acquisition was executed by Sambhav Starch Products Private Limited, a promoter group entity of Sanstar Limited. The transaction details are presented below:

Updated Shareholding Position

Following this latest acquisition, the promoter group's stake in Sanstar Limited has increased further. The current shareholding changes are detailed below:

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Key compliance aspects include:

• Form Submission: The disclosure was submitted in Form B as required under the PIT Regulations
• Timely Reporting: Transaction details were communicated to both BSE and NSE on March 28, 2026
• Designated Person Compliance: The disclosure was received from the designated person and forwarded by the company
• Company Secretary Certification: Fagun Harsh Shah, Company Secretary and Compliance Officer, certified the submission

Entity Information

Sambhav Starch Products Private Limited, the acquiring entity, is registered with PAN number AACCS8731R and is located at Sanstar House, Paldi, Ahmedabad, Gujarat. The latest transaction was authorized by Shreyans Gautam Chowdhary, Director with DIN 01759527.

The continued market purchases by the promoter group demonstrate ongoing investment confidence in Sanstar Limited while maintaining full compliance with insider trading regulations and disclosure requirements.