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Mr.Rakesh Jhunjhunwala the promoter of the company held 82882958 shares and the depository participant has inadvertently transferred 73758147 shares to his Nominee Mrs.Rekha Jhunjhunwala. However being an Insurance Company the aforesaid transaction shall not be treated as transmission of shares as the Company as on 31st March 2026. In addition,we wish to inform that the Company has received approval from Insurance Regulatory and Development Authority of India (IRDAI) vide its letter dated April 06, 2026 (Ref: 803/F&I/ToS/Star/24-25/003) for the proposed transmission of 8,28,82,958 equity shares held by Late Mr. Rakesh Jhunjhunwala in the Company . The said transmission shall be carried out in the manner prescribed under the probate granted in the name of Late Mr. Rakesh Jhunjhunwala once the trading window for dealing in the securities of the Company is open . The Company vide its letter ref :SHAI/B & S/SE/05/2026-27 dated April 6,2026 has intimated the said approval with the exchanges. 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