Star Health received IRDAI approval for HDFC Mutual Fund schemes to acquire equity up to 9.99% of paid-up capital, up from 4.49%. The approval extends the fund's existing stake and does not involve a stated rupee amount.
H1 FY27 PAT ₹815 Cr (+57%); CISR improved to 97.9% from 100.3%; underwriting result ₹210 Cr vs loss ₹24 Cr. Retail fresh GWP +36%, driven by agency and D2C. Reported profit includes ₹229 Cr MTM gain.
Star Health's board approved reclassifying Sthitaprajna Advisors LLP from promoter group to public shareholder category. The move is subject to requisite regulatory approvals.
Star Health and Allied Insurance Company Ltd reported revenue from operations of ₹5,074 Cr (+15.4% YoY) and net profit of ₹264.8 Cr (+232.7% YoY) for Q2 FY27.
Star Health and Allied Insurance Company Ltd's shareholding pattern confirms Interics and Industrial Glass Fiber Industries have ceased to be classified as promoter group entities.
Star Health and Allied Insurance Company Limited fulfilled its debt obligations by paying Rs.35 Crore in interest. The company also completed the full redemption of 4,000 NCDs worth Rs.400 Crore.
Star Health received a request from Sthitaprajna Advisors LLP to be reclassified from Promoter Group to Public category. The company will initiate the regulatory approval process for this request.
Star Health and Allied Insurance Company Ltd has scheduled a board meeting on October 27, 2026, to approve its quarterly and half-yearly financial results.
Star Health has withdrawn its application for reclassification of three promoter group entities. The Board of Directors approved this withdrawal via circular resolution.
Star Health has withdrawn its reclassification application for IDC Electronics Limited, a promoter group entity. Entities that have ceased to exist are also removed from promoter group.
Star Health delivered strong Q1 FY27 results with GWP growing 19% YoY to ₹4,287 Cr and PAT rising 25% to ₹550 Cr. Strategy focuses on proprietary distribution and underwriting profitability.
Star Health and Allied Insurance has appointed Mr. Utpal Hemendra Sheth as a Non-Executive Nominee Director, representing Sitara Partners LLP, effective August 28, 2026.
Star Health held its 21st Annual General Meeting on August 28, 2026. The meeting covered the adoption of financial statements and the appointment of directors.
Star Health received directions from IRDAI regarding policy portability and claim settlements for FY 2024-25 and FY 2025-26. The company expects limited financial impact from these compliance reviews.
Star Health received requests to reclassify nine entities, including AERS Consultancy and Alchemy Capital, from the Promoter Group to the Public category.