Promoter Reclassification11 Sept 2026, 07:10 pm
Star Health: Promoter Group Reclassification Update
AI Summary
Star Health and Allied Insurance Company Limited has provided an update regarding the reclassification of certain entities from the 'Promoter Group' to the 'Public' category under SEBI LODR regulations. This follows an earlier application seeking approval for this reclassification. Notably, Industrial Glass Fiber Industries and Interics have ceased to exist as of March 31, 2024, automatically removing them from the promoter group. Additionally, a request has been received to withdraw the reclassification application for IDC Electronics Limited, which will be processed subject to board approval.
Key Highlights
- Update on reclassification of entities from Promoter Group to Public.
- Two entities cease to exist, automatically removed from promoter group.
- Application to reclassify IDC Electronics Limited to be withdrawn.
- Process subject to Board of Directors' approval.
Price Impact
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