Star Health Board Approves Withdrawal of Promoter Reclassification Application

Star Health and Allied Insurance Company Limited's Board of Directors has approved the withdrawal of an application for the reclassification of Promoter Group entities. This withdrawal pertains to applications filed with the BSE Limited and National Stock Exchange of India Limited. The entities involved are Industrial Glass Fiber Industries, Interics, and IDC Electronics Limited. The approval was obtained via a circular resolution passed by the Board on September 15, 2026, and confirmed by a requisite majority of directors on September 16, 2026. The company has authorized directors or the Company Secretary to take necessary steps to implement this withdrawal.