IRDAI Approves Transmission of Shares Held by Late Mr. Rakesh Jhunjhunwala in Star Health

IRDAI Approves Transmission of Shares Held by Late Mr. Rakesh Jhunjhunwala in Star Health

IRDAI Approves Transmission of Shares Held by Late Mr. Rakesh Jhunjhunwala in Star Health​

On April 06, 2026, Star Health and Allied Insurance Company Limited announced that it received approval from the Insurance Regulatory and Development Authority of India (IRDAI). This approval pertains to the proposed transmission of equity shares previously held by Late Mr. Rakesh Jhunjhunwala in the Company.

The IRDAI granted the approval via its letter dated April 06, 2026. The transmission concerns 8,28,82,958 equity shares. The process for this transfer will be executed in the manner prescribed under the probate granted in the name of Late Mr. Rakesh Jhunjhunwala.

STARHEALTH Stock Price Movement​

At the close of trade, shares of Star Health are dipping by 0.19% to trade at ₹469. The equity wandered within a range of ₹450.55 to ₹469, supported by a volume of over 557,500 shares traded.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Back
Top