Star Health and Allied Insurance Company Limited — Board Meeting, 29-07-2025: Outcome of Board Meeting

Star Health has announced a board meeting where it approved the standalone financial results for the quarter ended June 30, 2025, reporting a net profit of ₹262.52 Cr. Ms. Princey Mehra was appointed as Chief Compliance Officer, effective September 1, 2025. The board initiated a postal ballot for approving remuneration for the Chairperson and MD & CEO, and for appointing Mr. Himanshu Walia (CMO) and Mr. Amitabh Jain (COO) as Whole-time Directors for FY26. Additionally, the company disclosed a ₹3.39 Cr penalty from IRDAI related to a past cybersecurity incident, with an appeal under consideration.