Star Health and Allied Insurance Company: Approval of IRDAI for acquisition of equity shares of Star Health & Allied Insurance Company Limited…
Star Health and Allied Insurance Company (STARHEALTH) filed a disclosure titled "Approval of IRDAI for acquisition of equity shares of Star Health & Allied Insurance Company Limited (Company) by the schemes of HDFC Mutual Fund". The company is valued at…
What happened
Star Health and Allied Insurance Company (STARHEALTH) filed a disclosure with the exchanges on 9 November 2026 at 06:30 PM titled "Approval of IRDAI for acquisition of equity shares of Star Health & Allied Insurance Company Limited (Company) by the schemes of HDFC Mutual Fund".
From the filing: "Star Health And Allied Insurance Company Limited has informed the Exchange regarding approval of IRDAI for acquisition of equity shares of Star Health & Allied Insurance Company Limited (Company) by the schemes of HDFC Mutual Fund"
Company snapshot
Star Health and Allied Insurance Company is a mid-cap company in the Financial Services sector, with a market value of about ₹32,271 crore.
The stock last traded at ₹548.3, against a 52-week range of ₹416.6–₹624.9 (12.3% below the high).
Before this filing the shares had moved +2.0% over the month and −0.9% over three months. Average daily turnover over the last 20 sessions was about ₹25.01 crore.
Promoters held 58.00% at the end of Q2 FY27. Foreign institutions owned 15.85% and domestic institutions 18.77%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY27 | — | 549.7 | 9.34 |
| Q2 FY27 | — | 264.8 | 4.5 |
What history shows
BCEIE has no earlier m&a filing from this company on record since May 2026.
Across 104 similar disclosures by other Financial Services companies, shares moved −0.0% on average the next day and −0.2% over five days; 42% of them rose the next day.
Market-wide, 2,377 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Star Health and Allied Insurance Company Limited (STARHEALTH.NS) Seasonal returns chart - Yahoo Finance
- Star Health and Allied Insurance reports 232% profit surge at Rs 264.4 crore
- Star Health Q2 results: Net profit jumps 233% to ₹265 crore; H1 GWP rises 19%
- STARHEALTH Share Price Today - Star Health Insurance on NSE/BSE
- Earnings call transcript: Star Health posts stronger Q2 2026 turnaround
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.