
Management Change28 Aug 2026, 06:30 pm
Star Health Appoints Utpal Hemendra Sheth as Non-Executive Nominee Director
AI Summary
Star Health and Allied Insurance Company Limited has announced the appointment of Mr. Utpal Hemendra Sheth as a Non-Executive Nominee Director, representing Sitara Partners LLP. The appointment is effective from August 28, 2026, following approval by the company's members via a special resolution. Mr. Sheth is a seasoned financial markets expert with over 35 years of experience in investment management, capital markets, and corporate finance. He is the Founder and Mentor of TRUST Group and Chanakya Wealth Creation and previously served as CEO and Senior Partner at Rare Enterprises. The company confirmed that Mr. Sheth is not disqualified from holding the office of director.
Key Highlights
- Utpal Hemendra Sheth appointed Non-Executive Nominee Director.
- Appointment effective August 28, 2026, representing Sitara Partners LLP.
- Sheth brings over 35 years of financial markets expertise.
- He previously led Rare Enterprises and founded TRUST Group.
- Director is not disqualified by SEBI or Companies Act.
Price Impact
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