ALPHA TRIBE

Medi Assist Healthcare Services LimitedBoard Meeting, 07-08-2025: Outcome of Board Meeting

07-08-2025 | 04:21 pm

Medi Assist Healthcare Services' Board has approved its consolidated financial results for the quarter ended June 30, 2025. Revenue from operations stood at ₹190.56 Cr, with profit reaching ₹22.63 Cr. A major strategic update is the completion of its 100% equity stake acquisition of Paramount Healthcare Services & Insurance TPA for ₹311.80 Cr on July 1, 2025. The Board also noted the Directorate of Enforcement's search at a subsidiary, with management confident of no adverse impact. Employee stock options were exercised and new grants issued, and the company's registered office successfully shifted to Maharashtra.

No comments yet. Be the first to comment!

All announcements from Medi Assist Healthcare Services Limited