Medi Assist Increases Stake in Mayfair to 91.75% for £589,270

Medi Assist Healthcare Services Ltd announced its Board of Directors approved a further investment of GBP 589,270 (approx. INR 6.17 Cr) to acquire an additional 31.75% stake in its UK subsidiary, Mayfair We Care Limited. This acquisition will increase Medi Assist's shareholding in Mayfair from 60% to 91.75%. The transaction is part of an existing Shareholder Agreement and Share Purchase Agreement and aims to deepen the company's international market presence and improve operational efficiency. Mr. Nikhil Chopra will be appointed as CEO-designate of Mayfair upon completion. The acquisition is expected to close by the end of Q2 FY27 and will be funded by proceeds from a preferential allotment.