Star Health and Allied Insurance Co. Ltd. has received approval for the reclassification of a Promoter Group Entity from the ‘Promoter Group’ category to the ‘Public’ category. The company submitted an application and received a no-objection/approval for the reclassification of certain members, as announced on January 30, 2026. This adjustment follows earlier intimations regarding requests from promoters to be reclassified as public shareholders.
Reclassification Announcement
Star Health and Allied Insurance Co. Ltd. announced on January 30, 2026, the reclassification of a Promoter Group Entity to the ‘Public’ category. The decision comes after submitting an application for approval following requests from members of the Promoters group.
Details of Reclassification
The company has received the necessary approval for the reclassification of the following members:
Source: BSE