IRDAI approves transfer of up to 14.62 Cr Niva Bupa shares

Niva Bupa Health Insurance Company Ltd has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) for the proposed transfer of up to 14,62,02,091 equity shares. The transfer is to be executed by Fettle Tone LLP, an existing investor in the company. This regulatory clearance, dated April 10, 2026, was granted in accordance with Section 6A of the Insurance Act, 1938, and the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers) Regulations, 2024, facilitating a significant change in the company's shareholding structure.