NSEGeneral Updates30 Sept 2026 · 30 Sept 2026, 12:26 pm

General Updates

Star Health and Allied Insurance Company Limited · STARHEALTH

✦ AI SummaryPromoter Reclassif.

Star Health and Allied Insurance Company Limited has received a request from one of its promoter group entities, Sthitaprajna Advisors LLP, to reclassify it as a public shareholder.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern5/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Star Health and Allied Insurance Company Limited has informed the Exchange about receipt of request for reclassification of promoter group entity to the public category.

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STARHEALTH_30092026122518_Intimation_under_Regulaion_31A.pdf

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Date: September 30, 2026 Place: Chennai Ref: SHAI/B & S/SE/123/2026-27 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 request received for reclassification of ‘Promoter Group’ category to ‘Public’ category. Pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Company has received request letter from Sthitaprajna Advisors LLP, one of the Promoter Group entity belonging to Mr. Utpal Hemendra Sheth seeking reclassification as Public shareholder via email dated September 30, 2026. The copy of the request letter received from them is attached as Annexure 1. Further the Company shall take all necessary steps to process the reclassification request, including obtaining approvals from the Board of Directors, BSE Limited, the National Stock Exchange of India Limited and the members of the Company. Kindly take the same on record. Thanking you, For Star Health and Allied Insurance Company Limited Jayashree Sethuraman Company Secretary & Compliance Officer Encl.: As above Annexure - 1