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

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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.

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STARHEALTH_26082026121349_SE_intimation_2608.pdf

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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