SANSTAR LIMITED — Proxy Solicitation & Information Statement 2026

Jun 8, 2026

Sanstar™ 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 : U15400GJ1982PLC072555 E-Mail : sanstar@sanstar.in Website : www.sanstar.in

Date: 08th June, 2026

| To,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai — 400 001
Scrip Code: 544217 | To,
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block,
Bandra-Kurla Complex,
Bandra (E), Mumbai – 400 051
Symbol - SANSTAR |
| --- | --- |

Sub: Corrigendum to the Notice of Extra-Ordinary General Meeting of Sanstar Limited ('the Company') dated 29th May, 2026

Ref:

1. Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 regarding Notice of EGM
2. Our Intimation dated 29th May, 2026

Dear Sir/Madam,

We refer to our above intimation, wherein the Company had informed about issuance of the Notice of the Extra-Ordinary General Meeting ("EGM") of the Company scheduled to be held on Saturday, June 20, 2026, at 11:00 A.M. IST through Video Conferencing / Other Audio Visual Means ('VC/OAVM').

Subsequent to the issuance of the EGM Notice and pursuant to the applications filed by the Company for obtaining in-principle approval of the BSE Limited ("BSE") and the National Stock Exchange of India Limited ("NSE" and collectively with BSE, the "Stock Exchanges") in respect to the Item No. 2 (i.e. Changes in the shareholding pattern of the Company before and after the Preferential Issue under the explanatory statement to Item No. 2, which is annexed to the EGM Notice ("Explanatory Statement")) and Item No. 3 (Change in the Item No. 3 resolution no. 1 of draft special resolution seeking approval of special rights granted to the Proposed Allottee) of the EGM Notice, the Stock Exchanges directed the Company to rectify/provide additional details via a corrigendum.

Accordingly, this Corrigendum is being issued in continuation of the said EGM Notice, which shall form an integral part of, and shall always be read in conjunction with, the EGM Notice together with the Explanatory Statement annexed thereto.

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)

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Sanstar™ 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: U15400GJ1982PLC072555 E-Mail: sanstar@sanstar.in Website: www.sanstar.in

This Corrigendum is also available on the website of the Company at www.sanstar.in.

You are requested to take the above information on your records.

Thanking you,

Yours faithfully,

For, Sanstar Limited

FAGUN HARSH SHAH

Digitally signed by FAGUN HARSH
Shahit
Date: 2026.06.08
19:17:16 +05'30'

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)

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Sanstar™

SANSTAR LIMITED

CIN: L15400GJ1982PLC072555

Regd. Office: Sanstar House, Near Parimal Under Bridge, opposite Suvidha Shopping Centre, Paldi, Ahmedabad, Gujarat, 380007

Phone: +91 79 26851819-20-21 ; E-Mail: cs@sanstar.in, Website: www.sanstar.in

CORRIGENDUM TO THE NOTICE OF THE EXTRA ORDINARY GENERAL MEETING

Sanstar Limited ("Company") has issued a notice dated May 28, 2026 for convening the Extra Ordinary General Meeting of the members of the Company ("EGM Notice"), which is scheduled to be held on Saturday, June 20, 2026 at 11:00 a.m. IST through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM").

The EGM Notice has been dispatched to the shareholders of the Company on May 29, 2026 in due compliance with the provisions of the Companies Act, 2013 read with the relevant rules made thereunder, read with circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India and all other applicable provisions. Capitalized words and expressions used but not defined herein shall have the same meaning as assigned to them in the EGM Notice.

The Company had submitted applications to the National Stock Exchange of India Limited ("NSE") and BSE Limited ("BSE") for seeking in-principle approvals concerning the proposed preferential issue of equity shares, for which shareholder approval is being sought. Subsequently, the Company received (i) an observation letter from NSE on June 2, 2026 (ii) an observation stated on the BSE portal on June 3, 2026. The exchanges directed the Company to rectify/provide additional details via a corrigendum.

This corrigendum to the EGM Notice is being issued to notify the amendments/ provide clarifications with respect to the following points:

i. Changes in the shareholding pattern of the Company before and after the Preferential Issue under the explanatory statement to Item No. 2, which is annexed to the EGM Notice ("Explanatory Statement")
ii. Change in the Item No. 3 resolution no. 1 of draft special resolution seeking approval of special rights granted to the Proposed Allottee.

The description is as under :

1. Change in the shareholding pattern of the Company as reflected in the Explanatory Statement - Item No. 2

The point no. 17 of the Explanatory Statement shall be read as follows:

The shareholding pattern of the Issuer before and after the preferential issue:

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The shareholding pattern of the Company before and after the proposed Preferential Issue are as follows:

Category	Pre-Issue Shareholding Structure*		Equity Shares to be Allotted	Post-Issue Shareholding
	No. of Shares	% of Shareholding		No. of Shares	% of Shareholding
(a) Individuals & HUF	10,71,10,250	58.77%	-	10,71,10,250	53.48%
(b) Bodies Corporate	2,14,31,250	11.76%	-	2,14,31,250	10.70%
Sub Total (A1)	12,85,41,500	70.53%	-	12,85,41,500	64.18%
(A1) Foreign	-	-	-	-	-
Total Promoter shareholding A=A1+A2	12,85,41,500	70.53%	-	12,85,41,500	64.18%
(B1) Institutions (Domestic)	5,41,162	0.30%	-	5,41,162	0.27%
(B2) Institutions (Foreign)	12,76,237	0.70%	-	12,76,237	0.64%
(B3) Central Government/ State Government(s)/ President of India	-	-	-	-	-
(B4)Non-Institution	-	-	-	-	-
(a) Individuals	3,76,73,620	20.67%	-	3,76,73,620	18.81%
(b) Body Corporate	61,96,167	3.40%	1,80,24,157	2,42,20,324	12.09%
(c) Others (Including NRI)	80,15,564	4.40%	-	80,15,564	4.00%
Sub Total (B4)	5,18,85,351	28.47%	-	6,99,09,508	34.91%
Total Public Shareholding B=B1+B2+B3+B4	5,37,02,750	29.47%	-	7,17,26,907	35.82%
(C) Non-Promoter Non-Public Shareholding	-	-	-	-	-
Grand Total (A+B+C)	18,22,44,250	100.00%	1,80,24,157	20,02,68,407	100.00%

Note:
*The Pre-issue shareholding pattern is on the latest BENPOS date i.e., Wednesday, 27th May, 2026

1. Change in the Item No. 3 resolution no. 1 point b of draft special resolution seeking approval of special rights granted to the Proposed Allottee

In the EGM Notice under "Item No. 3", resolution no. 1 should be read as follows:

"RESOLVED THAT pursuant to the requirements prescribed under Regulation 31B of Securities and Exchange Board of India (Listing Obligations and Disclosure requirements) Regulations, 2015 (including

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any statutory modifications or re-enactment thereof, the circulars, notifications, regulations, rules, guidelines, if any, issued by the Government of India, in any, for the time being in force) and subject to terms of the Shareholders' Agreement dated May 28, 2026 between the Company, Corn Products Development Inc., ("Proposed Allottee") and the promoters of the Company (being Mr. Shreyans Gautam Chowdhary, Mr. Sambhav Gautam Chowdhary) ("Promoters") and Mr. Gouthamchand Sohanlal Chowdhary as the confirming party ("SHA"), the consent of the Members of the Company be and is hereby accorded to approve and grant certain rights, as broadly set out herein below and more particularly set out in the SHA and specifically identified in the draft of the amended and restated Articles of Association of the Company in accordance with the below resolution, which may qualify as special rights under Regulation 31B of the Listing Regulations, to the Proposed Allottee in connection with the proposed investment by the Proposed Allottee in the Company, from the completion date as defined under the SHA subject to the Proposed Allottee holding minimum shareholding threshold as set out in the SHA:

a. right to nominate a non-executive and non-independent director ("Proposed Allottee Director") on the Board.
b. the pre-emptive right of the Proposed Allottee to subscribe to additional shares/ securities being issued by the Company.
c. Grant of certain consultation rights, affirmative voting rights and information rights with respect to certain specified matters as set out in the SHA.

This Corrigendum to the EGM Notice shall form an integral part of the EGM Notice which has already been circulated to shareholders of Company and on and from the date hereof, the Notice of the EGM shall always be read in conjunction with this Corrigendum. This corrigendum will also be made available on website of both the stock exchanges i.e. BSE and NSE and on the website of the Company www.sanstar.in. All other contents of the EGM Notice, save and except as modified or supplemented by the Corrigendum, shall remain unchanged.

Registered Office:
Sanstar House Nr. Parimal Under Bridge, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad, Gujarat, India, 380007

Date: June 8, 2026
Place: Ahmedabad

By Order of the Board of Directors,
For, Sanstar Limtied

Sd/-
Fagun Harsh Shah
Company Secretary and Compliance Officer