BSECompany Update30 Sept 2026 · 30 Sept 2026, 12:27 pm
Star Health and Allied Insurance Company Limited has informed the Exchange about the receipt of request for reclassification of a promoter group entity to the public category
Star Health and Allied Insurance Company Ltd · 543412
✦ AI SummaryPromoter Reclassif.
Star Health and Allied Insurance Company Ltd 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 Concern6/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Star Health and Allied Insurance Company Ltd - 543412 - Disclosure Under Regulation 31A Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
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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