Promoter Reclassification30 Oct 2026, 07:22 pm
Star Health Submits Promoter Reclassification Application
AI Summary
Star Health and Allied Insurance Company Limited has submitted an application to the BSE and NSE on October 30, 2026, seeking approval for the reclassification of Promoter Group Entities from the 'Promoter Group' category to the 'Public' category. This action is in accordance with Regulation 31A(8)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously received requests from members of the Promoter group for this reclassification and had obtained Board approval.
Key Highlights
- Star Health filed a reclassification application with stock exchanges.
- The application seeks to move entities from 'Promoter Group' to 'Public' category.
- The move is in compliance with SEBI LODR Regulations.
- Board approval for the reclassification was previously obtained.
Price Impact
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