Please find herewith Disclosure under Regulation 7(2) of SEBI (PIT) Regulations, 2015 received from M/s. Sambhav Starch Products Private Limited
SANSTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sanstar Limited has submitted a Form B disclosure received from Sambhav Starch Products Private Limited, a member of the promoter group, regarding the purchase of equity shares of the company. The promoter group entity acquired approximately 11,00,000 equity shares (purchase value listed as '1L000' in the document, inferred from pre- and post-trade holdings) through a market purchase executed on BSE and NSE on March 6, 2026. Following this acquisition, Sambhav Starch Products' holding in Sanstar rose from 1,05,82,250 shares to 1,16,82,250 shares, with shareholding stated at 5.81% both pre- and post-transaction. The intimation to the stock exchanges was made on March 18, 2026, in compliance with insider trading regulations.
This is a positive signal for retail investors, as a promoter group entity has increased its stake in Sanstar through an open market purchase, indicating insider confidence in the company's prospects. Open-market buying by promoters is generally viewed favorably and can support sentiment around the stock.