WhatsApp
backNews Article

Star Health and Allied Insurance Unveils Q2 and H1 2026 Financial Results and Reclassifies Sthitaprajna Advisors LLP Shareholding

Company reports unaudited standalone results for quarter and half year ended September 30, 2026, and shifts Sthitaprajna Advisors LLP to public shareholder category

Star Health and Allied Insurance Company Limited announced its unaudited standalone financial results for the quarter and half year ended September 30, 2026, along with reclassification of Sthitaprajna Advisors LLP from Promoter Group to Public Shareholder category. The results include investment income and claims ratios as per IRDAI definitions, with full disclosure compliance to SEBI LODR regulations.

1 day ago|STARHEALTH+2.53%
Star Health and Allied Insurance Company Limited543412STARHEALTHGeneral / Other

Star Health and Allied Insurance Company Limited

General / Other

Star Health and Allied Insurance Company Limited released its unaudited standalone financial results for the quarter and half year ending September 30, 2026, and approved the reclassification of Sthitaprajna Advisors LLP from the Promoter Group to the Public Shareholder category.

The board meeting held on October 27, 2026, approved the financial results as per SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, supported by a limited review from joint statutory auditors.

The company disclosed detailed insurance service expenses, incurred claims totaling approximately 3,14,144 lakh for the quarter, and investment revenue from financial assets, adhering to IRDAI definitions.

The reclassification of Sthitaprajna Advisors LLP alters the shareholding composition by moving it from the Promoter Group to public investors.

Additionally, the company confirmed that all proceeds from non-convertible securities have been fully utilized with no pending amounts or deviations, ensuring compliance with SEBI regulations.

Highlights

  • Incurred claims for quarter ended September 30, 2026: 3,14,144 lakh
  • Investment revenue reported on financial assets as defined by IRDAI guidelines
  • Reclassification of Sthitaprajna Advisors LLP to public shareholder category
  • No pending or unutilized proceeds from non-convertible securities as on September 30, 2026
  • Compliance with SEBI LODR Regulations 30, 33, 51, and 52 for disclosures and reporting

Key Data Snapshot

Quarter endedSeptember 30, 2026
Half year endedSeptember 30, 2026
Incurred Claims (Quarter)3,14,144 lakh
Investment Revenue64,369 lakh (on financial assets not measured at FVTPL)
ReclassificationSthitaprajna Advisors LLP moved from Promoter Group to Public Shareholder
Issue Proceeds UtilizationNo pending proceeds or deviations as per Regulation 52(7) SEBI LODR

What happened

  • Star Health announced unaudited standalone financial results for Q2 and H1 ended September 30, 2026.
  • Board approved reclassification of Sthitaprajna Advisors LLP from Promoter Group to Public Shareholder category.
  • The financial results followed SEBI (LODR) regulations and included a Limited Review by joint statutory auditors.

Key details

  • Incurred claims for the quarter totaled 3,14,144 lakh as per regulatory disclosures.
  • Investment revenue on financial assets not measured at FVTPL stood at 64,369 lakh.
  • Expense, claims, and profit metrics were provided adhering to IRDAI analytical ratios.
  • Full utilization confirmed for issue proceeds from non-convertible securities, with no deviation.
  • Shareholder complaints for the quarter ended September 30, 2026, were nil.

Regulatory and governance context

  • Financial results and disclosures comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, including Regulations 30, 33, 51, and 52.
  • Results were reviewed by two joint statutory auditors: M/s. T R Chadha & Co LLP and M/s. MSKA & Associates LLP.
  • Reclassification of a significant shareholder reflects changes in shareholding pattern disclosures under SEBI rules.

More News on General / Other

View all

Latest corporate announcements and market updates in General / Other.

View all news
Star Health and Allied Insurance Unveils Q2 and H1 2026 | Stockk News