Star Health And Allied Insurance Company Limited has informed the Exchange regarding a press release dated May 12, 2025, titled "Star Health Announces New Board Appointments".

Management Changes View source PDF Explain this filing

STARHEALTH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.5%Reaction day

₹371.10

prior close

₹382.00

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.8%+4.6% vs market

General Insurance peers, median of 5sector+1.4%+4.1% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Smallcap 250 and 4.1 pts more than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.6

10m

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15m

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30m

+1.2

Sessions after the filingfrom the prior close

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Reaction day

+5.5+0.8+4.6+1.4+4.1

Next day

+7.8+2.3+5.6+0.9+6.9

+13.6+3.0+10.6+1.4+12.2

+21.0+4.6+16.4+5.3+15.7

+20.6+5.3+15.3+5.2+15.4

+17.3+4.4+12.9+3.7+13.6

+20.4+4.8+15.6+4.1+16.3

15d

+27.7+8.2+19.5+1.1+26.6

+19.6+9.7+9.9+5.6+14.0

+13.3+13.5-0.2+8.3+5.1

+19.6+6.7+13.0+4.0+15.6

UpDownMarket · Nifty Smallcap 250Sector · General Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Star Health has elevated two senior executives to its Board as Whole-time Directors and Key Managerial Personnel. Mr. Amitabh Jain, currently the Chief Operating Officer (with Star Health since 2023, ex-ICICI Lombard), and Mr. Himanshu Walia, Chief Marketing Officer (with Star Health since 2007, ex-ICICI Lombard and Tata AIG), will take on the new roles effective from the date of IRDAI approval. Both are internal promotions of existing leadership with over 20 years of industry experience each. The move is aimed at strengthening leadership depth and supporting future growth at India's largest retail health insurer, which reported FY25 gross written premium of Rs 17,553 crore and net worth of Rs 8,668 crore.

Likely market impact

Positive — board-level recognition of two experienced internal leaders signals continuity and management stability for shareholders, though appointments remain pending IRDAI approval.