StockWatch
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General Insurance
Promoter Reclassification28 Apr 2026, 10:56 am

Star Health gets no-objection for promoter reclassification

AI Summary

Star Health and Allied Insurance Company Limited has received no-objection from both BSE Limited and National Stock Exchange of India Limited for the reclassification of two entities, Ebano Private Limited and GS E-Commerce Private Limited. These entities will be reclassified from the 'Promoter/Promoter Group category' to the 'Public category' in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had submitted its application for this reclassification on January 30, 2026, and received the approvals on April 27, 2026. Star Health will ensure compliance with all subsequent relevant disclosures as required by the Listing Regulations.

Key Highlights

  • BSE and NSE granted no-objection for promoter reclassification.
  • Ebano Private Limited and GS E-Commerce Private Limited are reclassified.
  • Entities moved from 'Promoter/Promoter Group' to 'Public category'.
  • Reclassification is under SEBI (LODR) Regulation 31A.
  • Company will comply with subsequent disclosure requirements.