Outcome of Board Meeting

Date: July 29, 2026 Place: Chennai Ref: SHAI/B & S/SE/55/2026-27 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 – 400051, Mumbai – 400001, Maharashtra, India. Maharashtra, India. Scrip Code: 543412 Symbol: STARHEALTH Dear Sir/ Madam, Sub: Outcome of Board Meeting – July 29, 2026 We wish to inform that the Board of Directors of Star Health and Allied Insurance Company Limited (“Company”), in their meeting held on Wednesday, July 29, 2026 inter alia, had considered and approved the following: 1. Un-audited standalone financial results of the company for the quarter ended June 30, 2026 as per Regulation 30, 33, 51, 52 read with Schedule III Part A and Part B of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) together with the Limited Audit Review Report issued by the Joint Statutory Auditors, M/s. T R Chadha & Co LLP Chartered Accountants and M/s. MSKA & Associates LLP Chartered Accountants. In this regard, the Unaudited Standalone Financial Results prepared under Ind AS along with the Limited Review Report disclosures as required under Regulation 52(4) of the SEBI LODR and a declaration on the utilisation of the issue proceeds of non-convertible securities in accordance with Regulation 52(7)(A) of SEBI LODR for the quarter ended June 30, 2026 are enclosed as Annexure 1. 2. Reclassification of shareholders belonging to Promoter / Promoter Group category as shareholders belonging to Public category subject to the approval of the Stock Exchanges and Members of the Company. The certified true copy of the extracts of the Board minutes in this respect is enclosed as Annexure 2. 3. Exercise of call option and redemption of 4000 listed, unsecured, fully paid up, redeemable Convertible Debentures (“NCDs”) in full along with the interest due on September 30, 2026 and 700 listed, unsecured, fully paid up, redeemable Convertible Debentures (“NCDs”) in full along with the interest due on October 29, 2026. The Meeting of the Board of Directors of the Company commenced at 11:30 A.M (IST) and concluded at 05.20 P.M. (IST). In compliance with Regulation 46 and 62 of the SEBI LODR, the above information is also being hosted on the Company's website at www.starhealth.in. Kindly take the same on record. For Star Health and Allied Insurance Company Limited Jayashree Sethuraman Company Secretary & Compliance Officer Copy to: IDBI Trusteeship Services Limited, Asian Building, Ground floor, Ballard Estate, Mumbai-400 001, Maharashtra, India. Encl: As above Annexure - 1 MSKA&AssociatesLLP T R Chadha & Co LLP (Formerly known as M S K A & Associates) Chartered Accountants Chartered Accountants 602 Ftoor 6, Raheja Titanium, 5D, 5th Ftoor, Mount Chambers, Western Express Highway, Geetanjali, 758, Anna Salai, Raitway Cotony, Ram Nagar, Chennai - 600002, lndia Goregaon (E), Mumbai - 400 063 lndependent Auditors' Limited Review Report on the quarterly unaudited financial results of Star Health and Atlied lnsurance Company Limited pursuant to Regutation 33 and 52 read with Regulation 63(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and IRDAI circular reference IRDAI/F&l/clR/Mlsc/g2t7t2026 dated July 08,2026,and SEB!Circular reference: SEB|/HO/DDHS_Div1/PtCtRtzO2z/oOoOOOo103 dated July 29,2O22 (as amended). The Board of Directors Star Health And Altied lnsurance Company Limited We have reviewed the accompanying statement of unaudited financial results of Star Heatth And Attied.lnsurance Company Limited (the "Company") for the the quarter ended June 30, 2026 and year to date results for the period Aprit 0i , 2026 to June 30, 2026 (the 'Statement') being submitted by the Company pursuant to the requirements of hegutaiion 33 and 52 read with. Regutation 63(2) of the Securities and Exchange Board of lndia-(Listing Obligations and Disclosure Requirements) Regutations, 2015, as amended inctudini relevant circulars issued by the SEBI from time to time ("SEBl Listing Regul.ations"; anJ lnsurance Regulatory and Devetopment Authority ('lRDAI" or "Authority't. ' This Statement, which is the responsibitity of the Company's Management and has been approved by its Board of Directors at the meeting hetd on Juty 29, 201e has been prepared in accordance with the recognition and measurement principtes taid down in lndian Accounting Standard (lnd AS) - 34 "lnterim Financiat Repoiting" prescribed under Section 133 of the Companies Act, 2013 (the "Act") read with retevint rutes issued thereunder and other accounting principtes general,ty accepted in lndia, to the extent appticabte and not inconsistent with the accounting principles as prescribed in the lnsurance Act, 193g as amended by the lnsurance Laws (Amendment) Act, 2015 (the "lnsurance Act,;;, the lnsurance Regulatory and Devetopment Authority Act, 1999 (the "IRDA Act,,) and the lnsurance Regutatory and Devetopment Authority of lndia (Actuarial, Finance and lnvestment Functions of lnsurers) Regutations, 2074 (the 'Regutations;) and orders/ directions / circu.tars issued by the lnsurance Regutatory and Devetopment Authority of lndia ("|RDA"/ the "Authority"), to the extent appticabte and in compliance with Regulation 33 and 52 read with Regutation 63(2) of the Listing Regulations. Our responsibitity is to express a conctusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, "Review of lnterim Financiat lnformation Performed by the lndependent Auditor of the Entity" issued by the lnstitute of Chartered Accountants of lndia. A review of interim financiat information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and apptying analytical and other review procedures. A review is substantiatty tess in scope than an iudit ionducted in accordance with Standards on Auditing specified under section 143(10) of the Act and consequentty does not enabte us to obtain assurance that we wouLd become aware of atl significant matters that might be identified in an audit. AccordingtV, W€ do not an audit opinion. MSKA&AssociatesLLP T R Chadha & Co LLP (Formerly known as M S K A & Associates) Chartered Accountants Chartered Accountants 602 Ftoor 6, Raheja Titanium, 5D, 5th Floor, Mount Chambers, Western Express Highway, Geetanjali, 758, Anna Satai, Railway Cotony, Ram Nagar, Chennai - 600002, lndia Goregaon (E), Mumbai - 400 063 Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to betieve that the accompanying Statement prepared in accordance with the recognition and measurement principl,es laid down in lnd AS 34 and other recognized appticabte accounting principtes as prescribed in the retevant provisions of the lnsurance Act, the IRDA Act, the Regul,ations and orders / directions / circutars issued by IRDA to the extent appticabte and other recognized accounting practices and policies has not disclosed the information required to be disctosed in termi of Regutations 33 and 52 read with Regulation 63(2) of the Listing Regulations inctuding the manner in which it is to be disclosed, or that it contains any material misstatemeni For M S K A & Associates LLP ForTRChadha&CoLLP (Formerly known as M 5 K A & Associates) Chartered Accountants Chartered Accountants lCAl Firm Registration No: lCAl Firm Registration No: 105047W /W101187 00671 1 N/N500028 Vaibhav Naik Sheshu Samudrala Partner Partner Membership No: 138302 Membership No: 235031 U Dl N : 26 1 38302 RBXACB2927 UDIN: 26235031 AlENUV4705 Place: Chennai Place: Chennai Date: July 29,2026 Date: July 29,2026 STAR D ALLIED INSURANCE No. with the IRDAI: 129/1 Pursuant to the 33 of the SEBI (Listing Obligations and D [Showing first 8,000 characters — download PDF for full document]