Rekha Jhunjhunwala Cuts Star Health Stake; Promoter Holding Hits Zero
Rekha Jhunjhunwala sold roughly 7.38 crore Star Health shares in FY27, cutting her stake from 15.5% to 3.04% and erasing the promoter holding entirely by June 30, 2026. The stock fell over 1%, and Star Health now has no promoter on record, raising governance and institutional ownership questions.