Sanstar Limited has fulfilled its regulatory obligations by submitting the mandatory certification under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the fourth quarter and year ended March 31, 2026. The company filed the necessary documentation with both major stock exchanges on April 13, 2026.

Regulatory Compliance Details

The certification process involved coordination between Sanstar Limited and its Registrar and Share Transfer Agent, MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The confirmation certificate was issued on April 3, 2026, addressing the company's compliance with depository regulations.

Share Transfer Operations Confirmation

MUFG Intime India Private Limited confirmed that all securities received from depository participants for dematerialization during the quarter ended March 31, 2026 were properly processed. The registrar verified that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed.

Key confirmations provided by the registrar include:

• Securities received for dematerialization were confirmed or rejected within prescribed timelines
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes followed regulatory guidelines for share transfer operations

Stock Exchange Filings

Company Secretary and Compliance Officer Fagun Harsh Shah submitted the certification to both BSE Limited and National Stock Exchange of India Limited. The documentation ensures transparency in the company's share transfer operations and maintains compliance with SEBI regulations governing depositories and participants.

Corporate Governance Framework

This certification represents part of Sanstar Limited's ongoing commitment to regulatory compliance and corporate governance standards. The quarterly reporting mechanism ensures continuous monitoring of share transfer activities and maintains investor confidence in the company's operational transparency.

The certification process demonstrates the company's adherence to established protocols for handling dematerialized shares through India's primary depository systems, supporting efficient and secure share transfer operations for investors.

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.