Sanstar shareholders re-appoint MD, two JMDs and approve two directors at AGM
SANSTAR · price
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On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 1.5 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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At the 44th AGM on Sept 23, 2026, Sanstar shareholders approved re-appointing Mr. Gouthamchand Chowdhary as Managing Director and his two sons Sambhav and Shreyans Chowdhary as Joint Managing Directors, each for 5 years up to Aug 31, 2031. They also regularised Jacques Guglielmi as Nominee Director (representing Corn Products Development Inc, linked to Ingredion) and Niraj Shah as Independent Director for 3 years.
Promoter Chowdhary family retains board control. Ingredion nominee strengthens strategic partnership. Routine governance.