
Promoter Reclassification28 Jul 2026, 04:23 pm
Star Health: Promoter Group Seeks Reclassification to Public
AI Summary
Star Health and Allied Insurance Company Limited has received requests from several shareholders, identified as belonging to the Promoter/Promoter Group of the late Rakesh Jhunjhunwala, to be reclassified as 'Public' shareholders. This request is made in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has received these requests via email dated July 27th & 28th, 2026. The filing lists numerous entities and individuals seeking this reclassification, with most holding zero shares in their current 'Promoter Group' capacity, except for Mrs. Sudha Gupta who holds 2825 shares.
Key Highlights
- Shareholders request reclassification from Promoter Group to Public.
- Requests submitted as per SEBI LODR Regulations 31A.
- Reclassification pertains to entities linked to late Rakesh Jhunjhunwala.
- Most listed entities hold zero shares in Promoter Group capacity.
Price Impact
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