NSEGeneral Updates2d ago · 16 Sept 2026, 06:38 pm
General Updates
Star Health and Allied Insurance Company Limited · STARHEALTH
✦ AI SummaryPromoter Reclassif.
Star Health and Allied Insurance Company Limited has informed the Exchange about approval of Board of Directors for withdrawal of application of reclassification of shareholders from 'Promoter/Promoter Group' category to 'Public' category.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Star Health and Allied Insurance Company Limited has informed the Exchange about approval of Board of Directors for withdrawal of application of reclassification of shareholders from "Promoter/Promoter Group" category to "Public" category.
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STARHEALTH_16092026183442_Intimation_under_Regulaion_31A.pdf
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Date: September 16, 2026
Place: Chennai
Ref: SHAI/B & S/SE/112/2026-27
To, To
The Manager The Manager
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Tower Exchange Plaza, 5th Floor, Plot C/1,
Dalal Street G Block, Bandra-Kurla Complex
Mumbai – 400001 Mumbai – 400051.
Scrip Code: 543412 Symbol: STARHEALTH
Dear Sir(s),
Sub: Intimation regarding approval of Board of Directors for withdrawal of reclassification
application filed with the Stock Exchanges (BSE Limited and National Stock Exchange of India
Limited) for the Promoter Group entities of the Company
This is with reference to our earlier intimation SHAI/B&S/SE/107/2026-27 dated September 11, 2026
regarding withdrawal of reclassification application filed with the Stock Exchanges (BSE Limited and
National Stock Exchange of India Limited) for the Promoter Group entities of the Company namely
Industrial Glass Fiber Industries, Interics and IDC Electronics Limited.
In this regard, the approval of the Board of Directors for the withdrawal of reclassification application
for the Promoter Group entities of the Company namely Industrial Glass Fiber Industries, Interics and
IDC Electronics Limited was obtained by way of circular resolution and the extract of the said resolution
is enclosed as Annexure 1.
Kindly take the same on record.
Thanking you,
For Star Health and Allied Insurance Company Limited
Jayashree Sethuraman
Company Secretary & Compliance Officer
Annexure 1
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS
OF STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED THORUGH
CIRCULATION ON 15TH SEPTEMBER 2026 AND APPROVED BY REQUISITE MAJORITY
OF DIRECTORS ON 16TH SEPTEMBER 2026.
WITHDRAWAL OF APPLICATION FOR PROMOTER RECLASSIFICATION
“RESOLVED THAT pursuant to Regulation 31A of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended, and other applicable
provisions, if any, the approval of the Board be and is hereby accorded for withdrawal of reclassification
application filed with Stock Exchanges (BSE Limited & NSE) for the Promoter Group entities of the
Company namely IDC Electronics Limited, Interics and Industrial Glass Fiber Industries.”
“RESOLVED FURTHER THAT any one Director or Company Secretary be and are hereby severally
authorised to make necessary applications, filings, disclosure and take all such steps as may be necessary
to give effect to this resolution including filing the application with the Stock Exchange(s) and any other
regulatory authority(ies) as may be required.”
//CERTIFIED TRUE COPY//
For Star Health and Allied Insurance Company Limited
Jayashree Sethuraman
Company Secretary
Mem No: F12977