Star Health Submits Application for Reclassification of Two Promoter Group Entities to Public Category

1 min read     Updated on 30 Jan 2026, 11:44 PM
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Reviewed by
Shriram SScanX News Team
Overview

Star Health and Allied Insurance Company Limited submitted application to BSE and NSE on January 30, 2026, for reclassification of two promoter group entities - Ebono Private Limited and GS E-commerce Private Limited - from promoter group to public category under SEBI LODR Regulation 31A(8)(c). Both entities currently hold nil shares and the application follows earlier board approval and promoter group requests for reclassification.

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*this image is generated using AI for illustrative purposes only.

Star health insurance has formally submitted an application to stock exchanges seeking reclassification of two promoter group entities to public category. The company filed the application with BSE Limited and National Stock Exchange of India Limited on January 30, 2026, under Regulation 31A(8)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Entities Seeking Reclassification

The application covers two specific entities currently classified under the promoter group category:

Entity Name Current Category Shares Held
Ebono Private Limited Promoter Group Nil
GS E-commerce Private Limited Promoter Group Nil

Both entities currently hold no shares in Star Health and Allied Insurance Company Limited, as indicated in the regulatory filing.

Regulatory Process and Timeline

The current application follows a series of regulatory communications from the company. Star Health had previously issued intimations on January 19, 2026 (reference SHAI/B&S/SE/147/2025-26) and January 28, 2026 (reference SHAI/B&S/SE/148/2025-26) regarding the reclassification process.

These earlier communications covered the receipt of requests from promoter group members seeking reclassification as public shareholders and the subsequent board meeting outcome approving the reclassification proposal.

Compliance and Documentation

The application has been submitted to both major stock exchanges where Star Health shares are listed. The company trades on BSE Limited under scrip code 543412 and on National Stock Exchange of India Limited under the symbol STARHEALTH.

Company Secretary and Compliance Officer Jayashree Sethuraman signed the regulatory filing, confirming the submission of the reclassification application. The document was digitally signed and submitted from Chennai on January 30, 2026.

Next Steps

Star Health now awaits no-objection or approval from both BSE Limited and National Stock Exchange of India Limited for the proposed reclassification. The exchanges will review the application under the applicable SEBI LODR regulations before providing their decision on the reclassification request.

Historical Stock Returns for Star Health Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.16%+7.69%+6.24%+9.96%+6.99%-48.25%
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Star Health and Allied Insurance Announces Joint Statutory Auditor Name Change Following LLP Conversion

1 min read     Updated on 28 Jan 2026, 09:34 PM
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Reviewed by
Ashish TScanX News Team
Overview

Star Health and Allied Insurance Co. Ltd. has announced that its joint statutory auditor M S K A & Associates has converted to a Limited Liability Partnership, changing its name to M S K A & Associates LLP, Chartered Accountants, effective January 13, 2026. The firm holds ICAI Registration No. 105047W/W101187 and will continue serving as joint statutory auditor for the remaining tenure without any changes to the existing audit engagement.

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*this image is generated using AI for illustrative purposes only.

Star Health Insurance has notified stock exchanges regarding a name change of one of its joint statutory auditors following a corporate restructuring. The health insurance company announced that M S K A & Associates has converted into a Limited Liability Partnership (LLP) structure, resulting in a formal name change.

Auditor Firm Conversion Details

The audit firm M S K A & Associates has undergone conversion into a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008. Following this conversion, the firm will operate under the new name M S K A & Associates LLP, Chartered Accountants, effective from January 13, 2026.

Parameter: Details
Previous Name: M S K A & Associates
New Name: M S K A & Associates LLP, Chartered Accountants
Effective Date: January 13, 2026
ICAI Registration: 105047W/W101187
Conversion Under: Limited Liability Partnership Act, 2008

Continuity of Audit Services

Star Health has emphasized that the conversion does not impact the existing audit engagement in any manner. The firm will continue to discharge its functions as the joint statutory auditor of the company for the remaining tenure of their appointment. This ensures continuity in the company's audit processes and compliance requirements.

Regulatory Compliance

The announcement was made through a formal communication to both BSE Limited and National Stock Exchange of India Limited on January 28, 2026. The disclosure has been made available on the company's official website at www.starhealth.in , ensuring transparency and compliance with regulatory requirements under Regulation 30.

Company Information

Star Health and Allied Insurance Co. Ltd. trades on BSE with scrip code 543412 and on NSE under the symbol STARHEALTH. The communication was signed by Jayashree Sethuraman, Company Secretary & Compliance Officer, confirming the official nature of this corporate announcement.

Historical Stock Returns for Star Health Insurance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.16%+7.69%+6.24%+9.96%+6.99%-48.25%
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