Star Health and Allied Insurance Co. Ltd. has submitted an application to the BSE Limited and the National Stock Exchange of India Limited on August 14, 2026. The application seeks approval for the reclassification of certain promoter group entities from the ‘Promoter Group’ category to the ‘Public’ category, in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move is part of a broader process initiated following earlier intimations regarding members of the promoter group requesting such a change.
Key Application Submitted to Exchanges
Star Health and Allied Insurance Co. Ltd. has formally filed an application with both the BSE Limited and the National Stock Exchange of India Limited on August 14, 2026. The core of this submission is a request for approval to reclassify specific entities currently designated as ‘Promoter Group’ to the ‘Public’ shareholder category.
Regulatory Compliance and Process
This application is made under Regulation 31A(8)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’). The company’s action follows earlier communications, including intimations dated August 12, 2026, and August 13, 2026. These earlier notices detailed the receipt of requests from members of the promoter group seeking their reclassification and the subsequent approval from the Board of Directors for such a transition to the ‘Public’ category.
Star Health and Allied Insurance Co. Ltd. is now awaiting a no-objection or formal approval from the stock exchanges regarding the reclassification of its promoter/promoter group members to the ‘Public’ category.
Source: BSE
