Investment6 April 2026 at 05:51 pm
Star Health and Allied Insurance Receives IRDAI Approval for Transmission of Shares Held by Late Rakesh Jhunjhunwala
AI Summary
Star Health and Allied Insurance Company Limited has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) for the proposed transmission of 8,28,82,958 equity shares held by Late Mr. Rakesh Jhunjhunwala in the Company. The transmission will be carried out in accordance with the probate granted in the name of Late Mr. Rakesh Jhunjhunwala.
Key Highlights
- Star Health and Allied Insurance Company Limited received IRDAI approval for transmission of shares held by Late Mr. Rakesh Jhunjhunwala.
- The transmission will be carried out according to the probate granted in the name of Late Mr. Rakesh Jhunjhunwala.
- The total number of equity shares for transmission is 8,28,82,958.