NSEGeneral Updates4d ago · 26 Aug 2026, 12:19 pm
General Updates
Star Health and Allied Insurance Company Limited · STARHEALTH
✦ AI SummaryRegulatory
Star Health and Allied Insurance Company Limited has received an order from the Insurance Regulatory and Development Authority of India (IRDAI) to follow norms specified by IRDAI regarding portability of policies and settlement of claims. The company has been advised to report to IRDAI on compliance within 4 months. The expected financial impact is limited and associated with a defined category of portability claims.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Star Health and Allied Insurance Company Limited has informed the Exchange about the disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Attachments (1)
📄pdf
Download →
STARHEALTH_26082026121349_SE_intimation_2608.pdf
View document text
Date: August 26, 2026
Place: Chennai
Ref: SHAI/B & S/SE/87/2026-27
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.
Maharashtra, India Maharashtra, India
Scrip Code: 543412 Symbol: STARHEALTH
Dear Sir/ Madam
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”)
Pursuant to the provisions of Regulation 30 read with sub-para 20(h)of Para A of Part A of Schedule
III of the Listing Regulations, we hereby submit that the Company is in receipt of an order issued
by Insurance Regulatory and Development Authority of India (“IRDAI/the Authority”). The
details of the order are as given in Annexure - 1.
Further, the disclosure as required under Regulation 30(13) of the Listing Regulations read with
the Industry Standards Note on Regulation 30 of Listing Regulations is attached as Annexure – 2.
We confirm that the information and details provided in Annexure - 2, is true, correct and complete
to the best of our knowledge and belief.
The above information will also be available on the company website at www.starhealth.in.
You are requested to kindly take the same on your records.
Thanking you,
For Star Health and Allied Insurance Company Limited
Jayashree Sethuraman
Company Secretary & Compliance Officer
Annexure-1
Disclosures with respect to Clause 20 (h) of Para A of Schedule III of Listing Regulations read
with SEBI Circular dated 13 July 2023:
1. Name of the Authority Insurance Regulatory and Development Authority of India
2. Nature and details of the IRDAI has issued directions to follow the norms specified
action(s) taken, or orders by IRDAI from time to time regarding portability of the
(s) passed policies and settlement of claims and report to IRDAI on
compliance of directions within 4 months of the order.
3. Date of receipt of 25 August 2026
direction or order
including and ad-interim
or interim orders or any
other communication
from the authority
4. Details of the violation (s) The Company has been advised to follow the norms
/contravention (s) specified by IRDAI from time to time regarding portability
committed or alleged to of the policies and settlement of claims including review
be committed of certain portability cases for FY 2024-25 and FY 2025-
26, and to take appropriate action where considered
necessary in line with applicable policy terms.
5. Impact on financial, Any resulting financial impact is expected to be limited and
operation or other associated with a defined category of portability claims
activities of the listed pertaining to FY 2024-25 and FY 2025-26.
entity quantifiable in
monetary terms to the No impact is expected on the operation or other activities
extent possible of the Company.
For Star Health and Allied Insurance Company Limited
Jayashree Sethuraman
Company Secretary & Compliance Officer
Annexure-2
Disclosures with respect to Regulation 30(13) of Listing Regulations read with Industry
Standards:
S.No. Particulars Details
1. Name of the listed company Star Health and Allied Insurance Company Limited
2. Type of communication received IRDAI has issued directions to follow the norms specified
by IRDAI from time to time regarding portability of the
policies and settlement of claims and report to IRDAI on
compliance of directions within 4 months of the order.
3. Date of receipt of communication 25 August 2026
4. Authority from whom Insurance Regulatory and Development Authority of
communication received India
5. Brief summary of the material The Company has been advised to follow the norms
contents of the communication specified by IRDAI from time to time regarding
received, including reasons for portability of the policies and settlement of claims
receipt of the communication including review of certain portability cases for FY 2024-
25 and FY 2025-26, and to take appropriate action where
considered necessary in line with applicable policy terms.
6. Period for which communication
would be applicable, if stated FY 2024-25 and FY 2025-26.
7. Expected financial implications on Any resulting financial impact is expected to be limited
the listed company, if any and associated with a defined category of portability
claims pertaining to FY 2024-25 and FY 2025-26.
No impact is expected on the operation or other activities
of the Company.
8. Details of any aberrations/non- The observation relates to certain portability-related
compliances identified by the claims from FY 2024-25 and FY 2025-26 that are subject
authority in the communication to review by the Company.
9. Details of any penalty or restriction Nil
or sanction imposed pursuant to the
communication
10. Action(s) taken by listed company The Company will adhere to the directions issued by
with respect to the communication IRDAI.
11. Any other relevant information Nil
For Star Health and Allied Insurance Company Limited
Jayashree Sethuraman
Company Secretary & Compliance Officer