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Sanstar Ltd
Sanstar House, Nr Parimal Under Bridge
Phone: +91 7926651819p:+91 7926651819 AHMEDABAD, 380007  India Ticker: SANSTARSANSTAR
Business Summary
Sanstar Limited is an India-based company. The Company manufactures plant-based specialty products and ingredient solutions in India for food, animal nutrition and other industrial applications. Its products include Native Maize Starch, Liquid Glucose, Maltodextrin, Adhesives, High Maltose Corn Syrup, Dextrose Monohydrate, Corn Gluten Meal 60%, Modified Starch, Sorbitol, Corn Fiber, Corn Gluten Feed 18%, Corn Germs, Corn Steep Liquor, Maize Gluten Meal and others. Native Maize Starch is a cereal starch which has a low ash and protein content and is used in textile sizing, textile finishing, paper sizing, and others. Liquid Glucose is manufactured by subjecting starch to high temperature in presents of acids and is used in the confectionery & ice-cream industry, pharmaceutical industry, bakery industry, tanning industry, tobacco industry, and packaging. Maltodextrin is manufactured by liquification of starch controlling the dextrose equivalent (DE) value not exceeding 44.
(Source: Company's Website)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20253/31/2025Yes----

Industries
SIC Code Description
2099 Food preparations, not elsewhere classified
2034 Dried and dehydrated fruits, vegetables, and soup mixes
2098 Macaroni, spaghetti, vermicelli, and noodles
2087 Flavoring extracts and flavoring syrups, not elsewhere classified
2048 Prepared feeds and feed ingredients for animals and fowls, except dog and cat
2834 Pharmaceutical preparations

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Managing Director Gouthamchand S.Chowdhary 68 2/22/2012 2/22/2012
Chief Financial Officer Harishkumar S.Maheshwary 3/31/2015 3/31/2015
Joint Managing Director, Executive Director Shreyans G.Chowdary 40 9/1/2023 2/22/2012
5 additional Officers and Directors records available in full report.

General Information
Number of Employees: 76 (As of 3/31/2025)
Outstanding Shares: 182,244,250 (As of 12/31/2025)
Stock Exchange: NSE
Fax Number: +91 7926651822


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Tuesday, May 12, 2026