Buyback3 Nov 2026, 05:41 pm
Medi Assist Healthcare to Buy Back Shares Worth ₹49.26 Cr
AI Summary
Medi Assist Healthcare Services Ltd announced a buyback of up to 11,59,199 equity shares at ₹425 per share, totaling ₹49.26 Crore (₹49,26,59,575). The buyback, approved by the Board of Directors on October 30, 2026, will be conducted via the tender offer route. The record date for determining eligible shareholders is November 20, 2026. This buyback is in compliance with SEBI regulations and the Companies Act, 2013, and the buyback size does not exceed 25% of the company's paid-up share capital and free reserves as of March 31, 2026. Promoters have expressed their intention not to participate in the buyback.
Key Highlights
- Board approves buyback of 11.59 lakh shares at ₹425 each.
- Total buyback value amounts to ₹49.26 Crore.
- Buyback to be conducted via tender offer route.
- Record date set for November 20, 2026.
- Promoters will not participate in the buyback.
Price Impact
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