Rekha Jhunjhunwala sells over 7 crore Star Health shares in Q1. Details here

Ace investor Rekha Jhunjhunwala sharply reduced her promoter stake in Star Health and Allied Insurance Company during the June quarter of FY27. Her holding declined to 3.04% from 15.57% in the March quarter, according to the company's latest shareholding pattern.

The reduction implies she sold nearly 7.38 crore shares during the first quarter of FY27.

Meanwhile, Star Health's latest shareholding pattern showed the promoter holding under Rakesh Jhunjhunwala and Associates at nil as of June 30, 2026, compared with 1.55% at the end of the previous quarter.


Star Health is a Chennai-headquartered health insurer. The company claims to have a network of over 14,000 hospitals and more than 850 branch offices across the country.

The sharp reduction in the Jhunjhunwala & Associates’ stake comes after the stock gained more than 30% over the past year and nearly 25% so far in 2026. During the April-June quarter of FY27, Star Health shares rose nearly 29%.

The price at which the shares were sold and the exact dates of the transactions could not be immediately ascertained. As shareholding disclosures for the June quarter are still being released, further portfolio changes by Rekha Jhunjhunwala cannot be ruled out.

The Jhunjhunwalas' association with Star Health predates the company's market debut. When Star Health launched its IPO in 2021, the red herring prospectus (RHP) showed that the late Rakesh Jhunjhunwala held a 14.98% stake in the insurer.

Data suggests that the 'Big Bull' acquired the insurer's shares through nine transactions between March 2019 and November 2021 at an average price of Rs 155.28 per share. Since then, the Jhunjhunwala family has actively reshuffled its holdings in the company. Rekha Jhunjhunwala increased her personal stake to 15.57% in the December quarter of FY26 from 3.04% in the September quarter, before reducing it sharply in the latest quarter.

Also read | Rekha Jhunjhunwala ups promoter stake by 1,253 bps to 15.57% in Star Health in December quarter

Star Health share price

After hitting a 52-week low of Rs 416.55 apiece in January this year, the stock surged about 50% in less than six months to hit a 52-week high of Rs 623.90 earlier this month.

Star Health shares have slipped around 4% over the past week to trade at Rs 580 apiece on Thursday. The stock has also posted marginal losses over the past month. Over the past three years, however, the shares have declined more than 10%.

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