Star Health and Allied Insurance Company Limited has announced the withdrawal of its reclassification application filed with the BSE Limited and National Stock Exchange of India Limited. The company’s Board of Directors approved this withdrawal via a circular resolution. The application pertained to the promoter group entities of the company, including Industrial Glass Fiber Industries, Interics, and IDC Electronics Limited.
Withdrawal of Reclassification Application Approved
Star Health and Allied Insurance Company Limited has officially informed the stock exchanges about the withdrawal of a reclassification application. This application was initially filed with both the BSE Limited and the National Stock Exchange of India Limited (NSE). The withdrawal pertains to the entities classified under the company’s promoter group.
Board Resolution and Key Entities
The decision to withdraw the reclassification application was formally approved by the Board of Directors of Star Health and Allied Insurance Company Limited. This approval was obtained through a circular resolution. The specific promoter group entities involved in this application are Industrial Glass Fiber Industries, Interics, and IDC Electronics Limited.
Procedural Step for Promoter Group
This action follows an earlier intimation dated September 11, 2026, which initially announced the filing of the reclassification application. The withdrawal signifies a procedural step concerning the classification of these entities within the company’s promoter structure. The company has stated that the extract of the board resolution approving this withdrawal is enclosed as Annexure 1 for record.
Source: BSE
