Star Health and Allied Insurance Co. Ltd. has officially submitted an application to the BSE Limited and the National Stock Exchange of India Limited on October 30, 2026. The company is seeking approval for the reclassification of its 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, following earlier intimations on September 30, 2026, and October 27, 2026.
Intimation of Application for Reclassification
Star Health and Allied Insurance Co. Ltd. has formally applied to the stock exchanges for the reclassification of its Promoter Group Entities. This application was submitted on October 30, 2026, to both the BSE Limited and the National Stock Exchange of India Limited. The objective of this submission is to transition these entities from the ‘Promoter Group’ designation to the ‘Public’ shareholder category.
Regulatory Compliance and Background
This move is being made under the provisions of Regulation 31A(8)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously issued intimations on September 30, 2026 (Ref: SHAI/B&S/SE/123/2026-27) and October 27, 2026 (Ref: SHAI/B&S/SE/135/2026-27) regarding requests from members of the Promoter Group for such reclassification, which also involved the approval of the Board of Directors.
Application Details
The application seeks no-objection or approval from the exchanges for the reclassification of members of the Promoter/Promoters group. This reclassification aims to move them from the ‘Promoter/Promoter group’ category to the ‘Public’ category. The company requests that this submission be taken on record.
Source: BSE
