Press Release for the Announcement of Commissioning of Expanded Native Starch Capacity at Dhule Facility of the Company.
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Sanstar Ltd has commissioned expanded native starch manufacturing capacity at its Dhule facility in Maharashtra. The total installed capacity will increase from 1,100 TPD to 2,350 TPD upon completion of both phases. The entire Rs. 1,816 million allocated from IPO proceeds for the Dhule expansion has been fully utilized. The company originally planned a 1,000 MTPD expansion but successfully scaled it to 1,250 MTPD, demonstrating strong execution capability. The first phase (native starch) is now commissioned, while the derivatives facility (Phase 2) is expected to be commissioned by FY2026-27. The Dhule facility is strategically located near key maize-growing regions and major ports, providing logistical advantages for sourcing and exports.
This expansion positions Sanstar as one of the largest maize-based specialty product manufacturers in India and should enhance revenue generation capacity and operational efficiency, benefiting shareholders through improved scale and market position.