Rekha Jhunjhunwala Cuts Star Health Stake to 3%

The latest disclosures also showed that promoter holding under Rakesh Jhunjhunwala and Associates declined to nil by the end of the June quarter, compared with 1.55 per cent as of March 31, 2026.

With June-quarter shareholding disclosures by listed companies still underway, further changes in Rekha Jhunjhunwala's investment portfolio cannot be ruled out.

The Jhunjhunwala family's association with Star Health predates the company's stock market debut.

The insurer's red herring prospectus (RHP) for its 2021 initial public offering had shown that the late Rakesh Jhunjhunwala owned a 14.98 per cent stake in the company.

The family's shareholding has undergone several changes since then. Rekha Jhunjhunwala increased her personal stake from 3.04 per cent in the September quarter of FY26 to 15.57 per cent by the December quarter before reducing it sharply in the June quarter of FY27.

The family's shareholding has undergone several changes since then. Rekha Jhunjhunwala increased her personal stake from 3.04 per cent in the September quarter of FY26 to 15.57 per cent by the December quarter before reducing it sharply in the June quarter of FY27.

As per the latest corporate shareholding disclosures, Rekha Jhunjhunwala has publicly disclosed investments in 26 listed companies with a combined portfolio value of more than Rs 47,085.4 crore.

Star Health shares have staged a strong recovery over the past year after falling to a 52-week low of Rs 416.05 in July 2025.

The stock rallied nearly 50 per cent to touch a 52-week high of Rs 623.45 on July 14, 2026.