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Company Profile

STAR HEALTH AND ALLIED INSURANCE COMPANY LTD.

NSE : STARHEALTHBSE : 543412ISIN CODE : INE575P01011Industry : InsuranceHouse : Private
BSE553.85-0.6 (-0.11 % )
PREV CLOSE (Rs.) 554.45
OPEN PRICE (Rs.) 553.55
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3123
TODAY'S LOW / HIGH (Rs.)549.95 558.50
52 WK LOW / HIGH (Rs.)477 674.95
NSE554.60 0.2 (+0.04 % )
PREV CLOSE(Rs.) 554.40
OPEN PRICE (Rs.) 554.80
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 23502
TODAY'S LOW / HIGH(Rs.) 543.95 559.00
52 WK LOW / HIGH (Rs.)454.8 675

Company News

Date Heading Details
13-May-2024 Star Health and Allied Insurance Company informs about annual secretarial compliance report <div style="text-align: justify;">In compliance with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, Star Health and Allied Insurance Company has enclosed the Annual Secretarial Compliance Report for the year ended March 31, 2024 for information.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
03-May-2024 Star Health and Allied Insurance Company informs about update with respect to relieving of KMP <p style="text-align: justify;">In compliance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 the Company, vide its letter ref: SHAI/B &amp; S/SE/199/2023-24 dated February 09, 2024 has informed the Exchange about resignation of Chandrasekhar Dwivedi, Appointed Actuary and Key Managerial Personnel (KMP) with effect from May 08, 2024 and based on the request received from Chandrasekhar Dwivedi, Star Health and Allied Insurance Company has informed that he stands relieved from the services of the Company with effect from May 03, 2024 (forenoon). The said disclosure is also being hosted on the Company's website at www.starhealth.in.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
02-May-2024 Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s Star Health And Allied Insurance Company Limited has informed the Exchange about the Reappointment of Joint Statutory Auditors for a second consecutive term of five years commencing from the conclusion of the Nineteenth Annual General Meeting (AGM) until the conclusion of the Twenty Fourth AGM of the company subject to the approval of Members at the ensuing Nineteenth AGM and terms and conditions notified by IRDAI, if any.
24-Apr-2024 Star Health and Allied Insurance Company informs about resignation of independent director <p style="text-align: justify;">Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations) read with Para A of Part A of Schedule III of the said Regulations, Star Health and Allied Insurance Company has informed that Berjis Minoo Desai (DIN: 00153675), Independent Director vide email dated April 23, 2024 has tendered his resignation from the Board of the Company due to reasons stated in the letter. The resignation shall take effect from April 23, 2024. The detailed disclosure as mandated under Schedule III Para A (7B) of Part A of Schedule III of SEBI Listing Regulations is attached as Annexure 1. The email communication and resignation letter received from Berjis Minoo Desai (DIN: 00153675) are attached as Annexure 2. The above disclosure is also being made available on the Company's website at www.starhealth.in.</p><p style="text-align: justify;"><span style="text-align: left;">The above information is a part of company's filings submitted to BSE.</span></p><div><br></div>
03-Apr-2024 Star Health partners with PhonePe <p style="text-align: justify;">Star Health and Allied Insurance Company (Star Health Insurance) has entered into a strategic partnership with PhonePe. Under the partnership, Star Health's Comprehensive Health Insurance Policy will be available with a monthly and annual payment option exclusively on the PhonePe app, with coverage up to Rs 1 crore. This is a first-of-its-kind initiative in the industry.</p><p style="text-align: justify;">The move empowers users to opt for quality health insurance coverage with convenient payment options, enabling access to quality healthcare across the country. Users can also opt to pay their premium with the UPI AutoPay mandate with a monthly EMI option and enjoy added convenience. With this, Star Health Insurance further expands the options available to customers. This move was driven by a critical insight that smaller monthly payments ease the financial burden for users while empowering and enabling them to opt for more extensive insurance coverage without stretching their finances.</p><p style="text-align: justify;">Star Health and Allied Insurance Company is providing sterling services in health, personal accident and overseas travel insurance etc.</p><div style="text-align: justify;"><br></div>
03-Apr-2024 Star Health and Allied Insurance Company informs about press release <div style="text-align: justify;">Star Health and Allied Insurance Company has informed that it attached Press Release titled ‘StarHealth Insurance Partners with PhonePe to Offer ‘Star Comprehensive Insurance Policy with Monthly EMI'. The above disclosure will also be made available on the Company's website at www.starhealth.in</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div><br></div>
03-Apr-2024 Star Health gains on partnering with PhonePe <p style="text-align: justify;">Star Health and Allied Insurance Company is currently trading at Rs. 563.65, up by 3.50 points or 0.62% from its previous closing of Rs. 560.15 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 562.10 and has touched a high and low of Rs. 567.20 and Rs. 560.15 respectively. So far 11923 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 674.95 on 11-Sep-2023 and a 52 week low of Rs. 477.00 on 01-Mar-2024.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 567.20 and Rs. 539.20 respectively. The current market cap of the company is Rs. 32966.22 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 57.94%, while Institutions and Non-Institutions held 37.11% and 4.96% respectively.</p><p style="text-align: justify;">Star Health and Allied Insurance Company (Star Health Insurance) has entered into a strategic partnership with PhonePe. Under the partnership, Star Health's Comprehensive Health Insurance Policy will be available with a monthly and annual payment option exclusively on the PhonePe app, with coverage up to Rs 1 crore. This is a first-of-its-kind initiative in the industry.</p><p style="text-align: justify;">The move empowers users to opt for quality health insurance coverage with convenient payment options, enabling access to quality healthcare across the country. Users can also opt to pay their premium with the UPI AutoPay mandate with a monthly EMI option and enjoy added convenience. With this, Star Health Insurance further expands the options available to customers. This move was driven by a critical insight that smaller monthly payments ease the financial burden for users while empowering and enabling them to opt for more extensive insurance coverage without stretching their finances.</p><p style="text-align: justify;">Star Health and Allied Insurance Company is providing sterling services in health, personal accident and overseas travel insurance etc.</p><div style="text-align: justify;"><br></div>
18-Mar-2024 Star Health to offer dollar-denominated insurance via GIFT City Branch <p style="text-align: justify;">Star Health and Allied Insurance Company (Star Health Insurance) has been granted registration by IFSCA to establish an IFSC International Office (IIO) at Gujarat International Finance Tec-City (GIFT City). The company plans to commence its operations with a branch in GIFT City by the end of March 2024. This move strategically positions Star Health Insurance in the international financial arena, facilitating access to health insurance solutions in US dollars for the global Indian community.</p><p style="text-align: justify;">Star Health Insurance's presence in GIFT City's International Financial Services Centre (IFSC), will enable the company to significantly expand its global reach and business. The company will offer non-resident Indian (NRI) focused insurance that caters to the needs of the global Indian. Star Health Insurance will also be able to attract foreign inward business as a reinsurer.&nbsp;</p><p style="text-align: justify;">The company will provide insurance for Indians going abroad and India's growing international student community. The company plans to launch its international insurance product suite in a phased manner in FY25. GIFT City is a project of national importance and has become an integral part of India's growth story.</p><p style="text-align: justify;">Star Health and Allied Insurance Company is providing sterling services in health, personal accident and overseas travel insurance etc.</p><div style="text-align: justify;"><br></div>
18-Mar-2024 Star Health and Allied Insurance Company informs about press release <div style="text-align: justify;">Further to the Company's letter ref: SHAI/B &amp; S/SE/220/2023-24 dated 15th March 2024 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, Star Health and Allied Insurance Company has attached the Press Release titled Star Health to Offer Dollar-Denominated Insurance via GIFT City Branch, dated March 18, 2024 for information and record. The above disclosure will also be made available on the Company's website at www.starhealth.in</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
28-Feb-2024 Star Health and Allied Insurance Company informs about analyst meet <div>Star Health and Allied Insurance Company has informed regarding Schedule of Analyst/Institutional Investors meet dated March 07, 2024.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div>