Star Health Board Approves Promoter Reclassification

Star Health and Allied Insurance Company Limited's Board of Directors has approved the reclassification of certain promoter group entities to the 'Public' category. This decision, made via a circular resolution on August 13, 2026, aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously received a request from these members seeking such a reclassification. The resolution is subject to shareholder and stock exchange approvals. The company has authorized directors and the Company Secretary to make necessary filings and take all required steps to implement this change.