Star Health And Allied Insurance Company Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
STARHEALTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rekha Jhunjhunwala, acting in her individual capacity and as nominee of the late Mr. Rakesh Jhunjhunwala, along with persons acting in concert, has submitted the annual disclosure under SEBI Takeover Regulations for Star Health. The disclosure confirms that no encumbrance (pledge, lien, or any other form) was created on the shares held by them in Star Health during FY 2024-25. As per the annexure, the promoter group holds 10,07,56,760 shares as of March 31, 2025, comprising 8,28,82,958 shares by the late Rakesh Jhunjhunwala, 1,78,70,977 shares by Rekha Jhunjhunwala, and 2,825 shares by Sudha Gupta — all with no encumbrance. The filing also clarifies that Rajeshkumar Jhunjhunwala and Sushiladevi hold no shares in the company and steps are being taken to remove them from the promoter group classification.
This is a routine annual compliance filing that simply confirms no new pledging activity by the promoter group, which is a neutral-to-slightly-positive signal for shareholders as it means no additional shares have been locked in as collateral. Existing investors need not worry about any forced selling risk from promoter pledges triggered during the year.