Star Health shareholders overwhelmingly approve key resolutions

Star Health and Allied Insurance Company Limited shareholders overwhelmingly approved all five resolutions proposed in its postal ballot, as disclosed in an announcement dated September 01, 2025. The postal ballot, which concluded on August 31, 2025, involved a total of 202,897 shareholders on the record date of February 07, 2025.

Resolutions 1 to 4, concerning the remuneration and appointment of Mr. Rajeev Kher, Mr. Anand Roy, Mr. Himanshu Walia, and Mr. Amitabh Jain respectively, all passed with over 99% of the votes polled in favor across all categories. Specifically, the approval of remuneration for Mr. Rajeev Kher saw a 99.9909% "in favour" vote from a grand total of 438,062,625 votes polled. Similarly, Mr. Anand Roy's remuneration was approved with 99.9146% support, while Mr. Himanshu Walia and Mr. Amitabh Jain's appointments and remunerations garnered 99.7848% and 99.7848% "in favour" votes, respectively.

Resolution 5, which involved considering and taking note of the statement related to employee benefits and sweat equity regulations, also received strong approval, with 99.4519% of the 438,061,175 grand total votes polled in favor. The overall participation in the postal ballot was robust, with a total of 587,844,581 shares eligible to vote.