Mumbai, July 24 (IANS) Shares of Star Health and Allied Insurance Company fell more than 1 per cent on Friday after the company’s June-quarter shareholding pattern reflected a sharp change in Rekha Jhunjhunwala’s direct holding. However, in a stock exchange filing, the company clarified that the change was the result of a succession-related transmission and an off-market transfer of shares to promoter entity Sitara Partners LLP, and not a sale or exit by the promoter group.The insurer said Rekha…
Latest Star Health and Allied Insurance Company News & Updates
Mumbai, July 24 (IANS) Shares of Star Health and Allied Insurance Company fell more than 1 per cent on Friday after the company’s June-quarter shareholding pattern showed ace investor Rekha Jhunjhunwala had significantly reduced her stake in the health insurer during the quarter.According to the shareholding pattern for the quarter ended June 30, 2026, Rekha Jhunjhunwala’s stake fell to 3.04 per cent from 15.57 per cent at the end of the March quarter, indicating that she sold nearly 7.38 crore …