Merger20 May 2026, 02:53 pm
Medi Assist: Merger Scheme Referred to NCLT Bengaluru
AI Summary
The Regional Director, South Western Region, Bengaluru, has referred the scheme of amalgamation between International Healthcare Management Services Private Limited and Mayfair Consultancy Services India Private Limited, both wholly-owned subsidiaries of Medi Assist Healthcare Services Ltd, to the Hon’ble National Company Law Tribunal (NCLT), Bengaluru. The company states that this internal restructuring process does not impact its consolidated financial statements. The original intimation regarding the scheme was dated February 06, 2026.
Key Highlights
- Regional Director referred the merger scheme to NCLT Bengaluru.
- The amalgamation is between two wholly-owned subsidiaries of Medi Assist.
- The company claims the order does not impact consolidated financials.
- The scheme involves International Healthcare merging with Mayfair Consultancy.
- The Regional Director rejected the RD-1 form due to non-compliance with Section 233(1)(b).
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