Buyback30 Oct 2026, 06:53 pm
Medi Assist Healthcare to Buy Back Shares Worth ₹49.26 Cr
AI Summary
Medi Assist Healthcare Services Ltd announced its Board of Directors has approved a buyback of up to 11,59,199 equity shares at ₹425 per share, totaling ₹49.26 Crores (₹49,26,59,575). This buyback, conducted via the tender offer route, represents approximately 1.55% of the company's paid-up capital. The buyback size excludes transaction costs. The record date for determining eligibility is November 20, 2026. Promoters and the promoter group have indicated they will not participate in the buyback.
Key Highlights
- Board approves buyback of 11.59 lakh shares at ₹425 each.
- Total buyback size capped at ₹49.26 Crores.
- Buyback to be executed via tender offer route.
- Record date set for November 20, 2026.
- Promoters will not participate in the buyback.
Price Impact
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