Star Health and Allied Insurance Receives No-Objection for Promoter Reclassification
Star Health and Allied Insurance Company Limited announced that it has received no-objection from both the BSE and the National Stock Exchange (NSE) concerning the reclassification of two associated entities.The approval grants the status change for Ebono Private Limited and GS E-commerce Private Limited. The reclassification was sought through an application dated January 30, 2026.
The Bombay Stock Exchange (BSE) and the NSE confirmed the no-objection via letters dated April 27, 2026. Under the terms of the approval, Ebono Private Limited and GS E-commerce Private Limited are to be reclassified from the 'Promoter/Promoter Group category' to the 'Public category'.
The promoters approved for reclassification are listed below:
| Promoter Name | Former Category | New Category |
|---|---|---|
| Ebono Private Limited | Promoter/Promoter Group | Public category |
| GS E-commerce Private Limited | Promoter/Promoter Group | Public category |
STARHEALTH Stock Price Movement
As of 10:57 AM, shares of Star Health and Allied Insurance Company Limited are rallying, edging up 0.77% in live trading to ₹519.55. The stock is seeing active investor interest, which pushed the price higher on a volume of 61,949 shares.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.
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