Star Health declares voting results of 21st AGM held on Aug 28, 2026
Star Health's 21st AGM voting results are declared for the meeting held on August 28, 2026. Resolutions included adopting FY26 standalone financial statements, re-appointing Mr. Deepak Ramineedi as director, and appointing Mr. Utpal Hemendra Sheth as Nominee Director. All resolutions passed with high majority.
The outcome of an AGM, especially regarding director appointments and financial statement approvals, is important for corporate governance and stakeholder relations, thus having a medium impact.
All resolutions presented at the AGM were passed with a significant majority, indicating shareholder confidence and approval of the company's proposals.
Star Health and Allied Insurance Company Limited announced the voting results of its 21st Annual General Meeting (AGM) held on August 28, 2026. The meeting was conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM).
The AGM commenced at 16:00 Hrs (IST). The notice for the AGM was issued on July 31, 2026, with e-voting available from August 25, 2026, to August 27, 2026. The record date for determining the shareholders eligible to vote was August 21, 2026, with a total of 171,576 shareholders on record.
During the meeting, three resolutions were put forth for member approval. Resolution 1 concerned the adoption of the audited standalone financial statements for the financial year ended March 31, 2026, along with the Directors' and Auditors' reports. This ordinary resolution received overwhelming support, with nearly 100% of the votes polled in favour across all categories.
Resolution 2 was for the re-appointment of Mr. Deepak Ramineedi as a Director, who was retiring by rotation and seeking re-election. This ordinary resolution also saw strong approval, with over 99.5% of the votes polled in favour.
Resolution 3, a special resolution, was to appoint Mr. Utpal Hemendra Sheth as a Nominee Director representing Sitara Partners LLP. This resolution also garnered significant support, with approximately 97.61% of the votes polled in favour.
A plain-language summary of a public exchange filing by Star Health and Allied Insurance Company Limited. Read the original for the full detail.