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Sanstar Limited Announces Strategic Partnership with Ingredion Incorporated Through Preferential Issue and Joint Venture
BusinessLine· 2026-05-29 20:02
AHMEDABAD, India, May 28, 2026 /PRNewswire/ -- Ahmedabad-based Sanstar Limited (Sanstar), a leading corn-based specialty products and ingredient solutions company, has entered into two definitive agreements today with the $7.2 billion US-based multi-national Ingredion Incorporated (NYSE: INGR) for a strategic partnership aimed at accelerating growth in India’s specialty ingredients sector, subject to requisite shareholder and other applicable approvals.The partnership includes a preferential equity investme ...