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Star Health & Allied Insurance is seeking shareholder approval via postal ballot for key management changes and remuneration. The company proposes an annual remuneration of Rs. 0.30 Cr for Mr. Rajeev Kher, Non-Executive Independent Director and Board Chairperson. Shareholders will also vote on FY25-26 remuneration for MD & CEO Mr. Anand Roy, including Rs. 6.59 Cr fixed pay and up to Rs. 3.30 Cr variable pay. Additionally, Mr. Himanshu Walia (CMO) and Mr. Amitabh Jain (COO) are proposed as Whole-time Directors with annual fixed pays of Rs. 3.33 Cr and Rs. 3.71 Cr, respectively, plus variable pay. The company also clarified ESOP accounting disclosure.
All announcements from Star Health and Allied Insurance Company Limited