Medi Assist Healthcare Services Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 04:21 pm
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.
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