Medi Assist Healthcare Services Ltd

Medi Assist Healthcare Services Ltd has been appointed as the first Health Benefit Administrator (HBA) for PFRDA's new initiative, NPS Swasthya. Launched on NPS Diwas, this scheme integrates retirement savings with health protection under the National Pension System. Medi Assist will provide the digital infrastructure for claims administration and service coordination through its MAven app, enabling seamless access to NPS and health benefits for subscribers. The initiative allows subscribers to withdraw up to 25% of their contributions for eligible healthcare expenses, with direct payments to providers. This collaboration aims to simplify the subscriber experience and foster collaboration across the pension and healthcare ecosystems.

Medi Assist Healthcare Services Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from October 01, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter and half-year ending September 30, 2026. The date of the board meeting to approve these results will be communicated separately.

SBI Life Insurance Company Limited, along with its Person Acting in Concert (PAC), SBI General Insurance Company Limited, has disclosed the disposal of 14,960 shares, representing 0.02% of the total share capital, in Medi Assist Healthcare Services Limited. The transaction was conducted via the open market. Following the sale, SBI Life and its PAC collectively hold 20,14,502 shares and 7,60,900 shares respectively, amounting to approximately 2.70% and 1.02% of the total share capital. The total diluted share capital of Medi Assist Healthcare Services Limited stands at 75,876,304 shares.

Medi Assist Healthcare Services Ltd has announced its 26th Annual General Meeting (AGM) scheduled for Thursday, September 24, 2026, at 10:30 AM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Electronic copies of the Notice of AGM and the Annual Report for FY 2025-26 are being sent to shareholders with registered email addresses. For shareholders whose email addresses are not registered, a letter with a web-link, QR code, and exact path to access these documents has been provided. The company also confirmed a dividend of Rs. 2/- per equity share for FY ended March 31, 2026, with a record date of September 11, 2026, and payment on or before October 23, 2026. E-voting will be open from September 21 to September 23, 2026.

Medi Assist Healthcare Services Ltd has announced its 26th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 10:30 AM IST. The meeting will be conducted via Video Conference/Other Audio-Visual Means (VC/OAVM). The company will present the Audited Financial Statements for FY 2025-26, including consolidated statements, and seek adoption. Shareholders will also consider and vote on a final dividend of ₹2 per equity share for FY 2025-26. Additionally, a director retiring by rotation will be considered for re-appointment. The Annual Report, including the Business Responsibility and Sustainability Report, is being sent to shareholders electronically and is also available on the company's website. Remote e-voting will be available from September 21 to September 23, 2026.

Medi Assist Healthcare Services Ltd has announced its 26th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 10:30 AM IST via Video Conference/Other Audio-Visual Means. The meeting will include the adoption of audited financial statements for FY 2025-26 and the declaration of a final dividend of ₹2 per equity share. The Annual Report, including the Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, has been dispatched electronically to shareholders. Shareholders can also access the report and participate in the AGM through provided links for remote e-voting and virtual attendance.

Medi Assist Healthcare Services Limited has announced its 26th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 10:30 AM IST via Video Conference/Other Audio-Visual Means. The AGM will consider the Audited Financial Statements for FY 2025-26, including consolidated statements, and the reports of the Board and Auditors. Shareholders will also vote on a final dividend of ₹2 per equity share for FY 2025-26. Additionally, a director retiring by rotation will be considered for re-appointment. The Annual Report for FY 2025-26, including the Business Responsibility and Sustainability Report, is being sent to shareholders electronically. Remote e-voting will be available from September 21 to September 23, 2026.

Medi Assist Healthcare Services Ltd announced its Board has recommended a final dividend of ₹2 per equity share for FY 2025-26, subject to member approval at the upcoming AGM. The AGM is scheduled for September 24, 2026. The company also detailed the process for tax deduction at source (TDS) on dividend payouts, emphasizing the need for PAN-Aadhaar linking and updated KYC for shareholders, especially those holding shares in physical form. Non-resident shareholders can avail DTAA benefits by providing necessary documentation. The record date for dividend entitlement is September 11, 2026.

Medi Assist Healthcare Services Ltd reported a strong Q1 FY27 with revenue surging 24.1% year-on-year to ₹236.5 Cr. The company highlighted the logical closure of its Paramount integration, the signing of seven AI platform contracts, and the establishment of an international platform. Operating revenue grew to ₹236.5 Cr from ₹190.6 Cr in Q1 FY26. EBITDA stood at ₹48.0 Cr with a margin of 20.3%, and reported PAT was ₹27.6 Cr. The India TPA franchise saw significant growth with PUM up 26.8% and market share increasing to 37.6%. Technology revenue also jumped 55.5% to ₹7.8 Cr, with the AI platform moving into early monetization. The international business, through its subsidiary Mayfair, is transitioning into a structured growth platform with a live deployment in Thailand.

Medi Assist Healthcare Services Ltd has submitted its statement on the utilization of funds raised through a Preferential Issue for the quarter ended June 30, 2026. The company confirms there has been no deviation or variation in the utilization of the ₹1,98,00,35,000 raised. The funds were allocated for investment in its subsidiary, Medi Assist Insurance TPA Pvt. Limited, for debt repayment, and for general corporate purposes, including the acquisition of an additional stake in its UK subsidiary, Mayfair We Care Limited. The statement, reviewed by the Audit Committee and Board, also includes a Monitoring Agency Report from CARE Ratings Limited, which also found no deviation. A minor transaction involving the redemption and transfer of ₹7.5 crore from mutual funds to the company's current account for approved purposes was explained, with debits occurring shortly after the quarter end.