Star Health promoters confirm no encumbrance over shares in FY26
Promoters of Star Health and Allied Insurance Company Limited, including Safecrop Investments India LLP and Rekha Jhunjhunwala, confirmed via separate declarations that no encumbrance was created over their shares during FY26. The filings, submitted in compliance with SEBI Regulation 31(4), detailed the shareholding of the promoter group and clarified the status of certain relatives.
*this image is generated using AI for illustrative purposes only.
Promoters of Star Health and Allied Insurance Company Limited , including Safecrop Investments India LLP and Rekha Jhunjhunwala, have confirmed that no encumbrance was created over the shares held by them or persons acting in concert during the financial year ended March 31, 2026. The disclosures were submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These declarations provide assurance to investors regarding the unencumbered status of the promoter shareholding.
Safecrop Investments India LLP, in its declaration dated April 07, 2026, addressed to the Listing Departments of BSE Limited and National Stock Exchange of India Limited, confirmed that the promoter group has not pledged or otherwise encumbered its shareholding in the insurer directly or indirectly throughout FY26. The filing was submitted by Sumir Chadha, an Authorised Signatory of Safecrop Investments India LLP.
Separately, Rekha Jhunjhunwala, in her individual capacity and as the nominee of the Late Mr Rakesh Jhunjhunwala, also confirmed that no encumbrance was made over shares held by her or persons acting in concert during FY26. Her disclosure clarified that Mr. Rajeshkumar Jhunjhunwala and Mrs. Sushiladevi Gupta hold no shares in the company and were categorized as members of the promoter group solely by virtue of being immediate relatives of the Late Mr Rakesh Jhunjhunwala.
Shareholding Details
The annexure to the filing provided a detailed list of promoter and promoter group entities holding shares as on March 31, 2026, confirming the absence of any encumbrance during the financial year.
| Name | Category | No. of shares held as on March 31, 2026 | Encumbrance during FY 2025-26 |
|---|---|---|---|
| Late Rakesh Jhunjunwala | Promoter (Deceased) | 8,28,82,958 | No |
| Rekha Jhunjunwala | Promoter Group | 1,78,70,977 | No |
| Sudha Gupta | Promoter Group | 2,825 | No |
The declarations were marked to the Audit Committee of Star Health and Allied Insurance Company Limited for record purposes.
Historical Stock Returns for Star Health Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.49% | +8.13% | +10.38% | +27.28% | +34.87% | -36.36% |
How will the assurance of unencumbered promoter shares influence investor confidence and stock liquidity in the upcoming quarter?
What strategic capital allocation plans might Star Health pursue given the promoters' strong, unpledged financial position?
Could this clean shareholding structure make Star Health a more attractive target for potential acquisition or merger activity?
16
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
