Star Health and Allied Insurance Company Ltd

Star Health and Allied Insurance Company Limited has submitted an application to the BSE Limited and the National Stock Exchange of India Limited on October 30, 2026, seeking approval for the reclassification of members of the Promoter group from the “Promoter/Promoter group” category to the “Public” category, as previously indicated in notifications dated September 30, 2026, and October 27, 2026.

Star Health and Allied Insurance Company Limited announced that its board of directors approved the reclassification of Sthitaprajna Advisors LLP from the Promoter Group category to the Public Shareholder category, following a request from Mr. Utpal Hemendra Sheth, a promoter of the company, who ceased to be the Designated Partner and Partner of Sthitaprajna Advisors LLP on August 13, 2026. The decision, formalized at a board meeting held on October 27, 2026, is subject to obtaining requisite approvals and will be processed in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Star Health and Allied Insurance Company Limited informed the BSE Limited and National Stock Exchange of India Limited that it has received compliance certificates from Kfin Technologies Limited, its Registrar and Transfer Agent, for the quarter ended September 30, 2026, as per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Star Health & Allied Insurance Company Ltd announced that India Ratings and Research Private Limited, via a website disclosure dated September 28, 2026, has reaffirmed the existing rating of AA+ with a Stable outlook for the Company and AA with a Stable outlook for the subordinate debt of the Company; there were no enhancements, assignments, or withdrawals related to these ratings, and the instruments covered include the Company’s rating of AA+ with a Stable outlook and the subordinate debt rating of AA with a Stable outlook. This disclosure, reference SHAI/B & S/SE/ 124/2026-27, is made in compliance with Regulation 30 and 55 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and addresses an inadvertent delay in the prior intimation.

Star Health and Allied Insurance Company Limited will hold a board meeting on Tuesday, October 27, 2026, to consider and approve the standalone unaudited financial results for the quarter and half year ended September 30, 2026, in compliance with Securities and Exchange Board of India regulations.

Star Health and Allied Insurance Company Limited informed the Bombay Stock Exchange and National Stock Exchange of India that the trading window for dealing in securities of the company will be closed for designated persons and insiders, including their immediate relatives, from October 01, 2026, to October 29, 2026, and will reopen on October 30, 2026; the date of the board meeting for the declaration of unaudited standalone financial results for the quarter and half year ended September 30, 2026, will be intimated later.

Star Health and Allied Insurance Company Limited announced that its members have approved the appointment of Mr. Utpal Hemendra Sheth (DIN: 00081012) as a Non-Executive Nominee Director, representing Sitara Partners LLP, with effect from August 28, 2026. Mr. Sheth, a financial markets expert with over 35 years of experience, is the Founder and Mentor of TRUST Group and Chanakya Wealth Creation, and formerly served as Chief Executive Officer and Senior Partner at Rare Enterprises.

Star Health has allocated Rs 18.79 crore to corporate social responsibility initiatives, primarily focused on healthcare through its Arogya Seva Kendra program, which has benefited approximately 45,000 individuals. The insurer maintains a robust, three-tier grievance redressal system and utilizes digital platforms for customer communication, while adhering to the Protection of Policyholders Interests Regulations of 2017. Star Health’s policies include a commitment to transparency, data privacy, and cybersecurity, with a framework and policy in place that undergoes regular audits and risk assessments; no data breaches were reported during the review period. The company also proactively informs customers of branch changes and provides fraud prevention information.

Net profit of Star Health & Allied Insurance Company rose 25.46% to Rs 549.73 crore in the quarter ended June 2026 as against Rs 438.18 crore during the previous quarter ended June 2025. Sales rose 13.39% to Rs 4917.20 crore in the quarter ended June 2026 as against Rs 4336.42 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales4917.204336.42 13 OPM %15.2413.57 - PBDT741.70588.08 26 PBT741.70588.08 26 NP549.73438.18 25 Powered by Capital Market - Live

Star Health and Allied Insurance Company Limited announced a profit after tax of Rs 550 crores for the quarter ended June 30, 2026 (Q1 FY27), a 25% year-on-year increase, according to a press release. The company’s underwriting profit rose sharply to Rs 111 crores compared to Rs 16 crores in Q1 FY26, with gross written premium reaching Rs 4,287 crores, a 19% year-on-year increase.