Sanstar Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
SANSTAR · price
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Sanstar Limited has informed exchanges that a board meeting will be held on May 28, 2026 to consider fund raising proposals through various modes including qualified institutional placement (QIP), rights issue, preferential issue, and private placement. The company has also closed its trading window effective May 25, 2026 for insiders until 48 hours after the board meeting outcome. This is standard procedure ahead of potentially material corporate announcements.
The trading window closure signals that insiders cannot trade shares until after the board decision is announced, which could lead to short-term price volatility upon reopening. The fund-raising proposal, if approved, could dilute existing shareholder stakes depending on the mode and size chosen.