The company was originally incorporated as ‘Continental Papers Limited’ under the Companies Act, 1956, as a public limited company, pursuant to the certificate of incorporation dated February 26, 1982 issued by the Registrar of Companies, Delhi & Haryana. The name of the company was subsequently changed to ‘Sanstar Limited’, pursuant to resolution passed by the board of directors on March 9, 2012 and approved by the shareholders in their EGM held on March 16, 2012 and a fresh certificate of incorporation dated April 2, 2012, consequent upon change of name was issued by the Registrar of Companies, Delhi & Haryana. 

Sanstar is one of the major manufacturers of plant-based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications. Its products include liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches and co-products like germs, gluten, fiber and enriched protein, amongst others. Its speciality products and ingredients solutions add taste, texture, nutrients and increased functionality to (i) foods as ingredients, thickening agents, stabilizers, sweeteners, emulsifiers and additives (in bakery products, confectionery, pastas, soups, ketchups, sauces, creams, deserts, amongst others), (ii) animal nutrition products as nutritional ingredients, and (iii) other industrial products as disintegrants, excipients, supplements, coating agents, binders, smoothing & flattering agents, finishing agents, among others.  

The company’s two manufacturing facilities are located at Dhule in the state of Maharashtra and Kutch in the state of Gujarat. Its Dhule Facility is the latest, sustainability focused, state of the art, automated facility. Its manufacturing facilities are strategically located in terms of both proximity to its raw material sources i.e. maize harvesting belts as well as seaports of Mundra, Kandla, Hazira and Nhava Sheva, for exports of its finished products. Its Dhule Unit has been duly certified in accordance with FSSAI, FSSC 22000:2018, Kosher, HALAL, International Standards for Quality Management Systems as per ISO 9001:2015 and SGS’s Certificate for India’s National Programme for Organic Production Standards, amongst others. Similarly, its Kutch unit is registered with United States Food and Drug Administration (USFDA) and also hold certifications like FSSAI, HACCP, HALAL, ISO 9001:2015.

Business area of the company

Sanstar is one of the major manufacturers of plant based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications. Through complex, multi-step value addition and manufacturing process, it turns maize into ingredients and solutions that add taste, texture, nutrients and increased functionality to (i) foods as ingredients, thickening agents, stabilizers, sweeteners, emulsifiers and additives in food products (bakery products, confectionery, pastas, soups, ketchups, sauces, creams, deserts, amongst others), (ii) animal nutrition products as nutritional ingredients, and (iii) other industrial products as disintegrants, excipients, supplements, coating agents, binders, smoothing & flattering agents, finishing agents, among others. It is the third largest manufacturer of maize based speciality products and ingredient solutions in India. Its products include liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native starches, modified starches and co-products like germs, gluten, fiber and enriched protein, amongst others.

Key Awards, Accreditations and Recognition:

• 2014: Registered with U.S. Food and Drug Administration.
• 2021: Certificate of compliance in accordance with FSSC 22000: 2018 and HACCP issued by TCS-UK.
• 2021: ISO 9001: 2015 Certificate for Quality Management System.
• 2022: Non GMO Certificate issued by Food Chain, United Kingdom
• 2022: Recognition as One Star Export House by Directorate General of General of Foreign Trade, India.
• 2023: Recognition as 2 Star and 3 Star Export House by Directorate General of General of Foreign Trade, India.
• 2023: Certificate from India’s National Programme for Organic Production Standards.

Major events and milestones

• 2006: Erstwhile Sanstar Biopolymers Limited commenced operations at the Kutch Facility.
• 2008: Erstwhile Sanstar Biopolymers Limited commenced its export operations.
• 2012: The entire shareholding, assets and liabilities of Continental Papers Limited was acquired by the present Promoters pursuant to Agreement to sell and transfer dated February 22, 2012.
• 2012: Subsequently the name was changed from Continental Papers Limited to Sanstar Limited pursuant to the Fresh Certificate of Incorporation dated April 2, 2012 issued by Registrar of Companies, Delhi and Haryana.
• 2012: Established research and development centre.
• 2015: Sanstar Limited commenced setting up the Dhule Facility.
• 2017: Commencement of operations at the Dhule Facility.
• 2018: Sanstar Limited commenced its export operations.
• 2023: Sanstar Limited earned revenue achieved more than Rs 11,000 million.
• 2023: Export operations of erstwhile Sanstar Biopolymers Limited extended to 49 countries in South East Asia, Latin America, Australia as well as some products to USA and Canada.
• 2023: Sanstar Limited initiated new line of additional 1,000 tons per day of installed capacity at Dhule Facility with plant for maize starch, liquid glucose, dextrose monohydrate and dextrose anhydrous estimated to commence commercial manufacturing during Fiscal 2026. 
• 2023: Merger of erstwhile Sanstar Biopolymers Limited with the Company pursuant to Scheme of Amalgamation. Consequently, all the assets and liabilities of erstwhile Sanstar Biopolymers Limited were transferred to Sanstar Limited.
• 2023: Acquisition of ECL.