Please find herewith Disclosure under Regulation 7(2) of SEBI (PIT) Regulation, 2015 received from Mrs. Richa Chowdhary and M/s. Sambhav Starch Products Private Limited.
SANSTAR · price
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Awaiting price reaction for this filing.
Sanstar Ltd has filed a revised disclosure under SEBI PIT Regulations, correcting an earlier submission from 9 March 2026. The original filing mistakenly described the transaction as an off-market deal, when it was actually a market purchase. According to the corrected Form B, promoter group entity Sambhav Starch Products Private Limited bought 36,000 equity shares on 5 March 2026, raising its holding from 5.79% to 5.81%. Promoter group member Richa Sambhav Chowdhary bought 50,000 shares on the same date, taking her stake from 4.15% to 4.18%. The company clarified this is a clerical correction and not a compliance lapse.
The promoter group has marginally increased its stake in Sanstar through open-market purchases, which is generally viewed as a positive signal of insider confidence. However, the size of the purchases is small (0.02-0.03% each), so the direct price impact is likely minimal. The correction filing itself is routine and should not concern investors.