Acquisitions1 Jul 2026, 11:20 pm
Medi Assist Increases Stake in Mayfair to 91.75%
AI Summary
Medi Assist Healthcare Services Ltd has completed the acquisition of an additional 31.75% stake in its UK subsidiary, Mayfair We Care Limited, for a total consideration of ₹7,56,79,379.98 (GBP 589,270). This acquisition, effective July 1, 2026, increases Medi Assist's total shareholding in Mayfair from 60% to 91.75%. Concurrently, Mr. Nikhil Chopra will assume the role of CEO of Mayfair, while Mr. Michail Chopra will transition to Founder & Strategic Advisor. The company has filed this intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Acquired additional 31.75% stake in Mayfair We Care Limited.
- Total shareholding in Mayfair increased to 91.75%.
- Consideration for acquisition was ₹7,56,79,379.98.
- Nikhil Chopra appointed CEO of Mayfair.
- Transaction effective July 1, 2026.
Price Impact
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