Medi Assist Healthcare Services Limited — Important, 07-08-2025: Updates

At a recent board meeting, Medi Assist Healthcare Services approved the financial results for the quarter, reporting consolidated revenue from operations of Rs 190.56 Cr and Profit After Tax of Rs 22.63 Cr. The Board also approved raising up to Rs 198.00 Cr via preferential allotment of 37.01 lakh equity shares at Rs 535 each to Massachusetts Institute of Technology and 238 Plan Associates LLC. In a key development, Medi Assist completed the Rs 311.80 Cr acquisition of Paramount Healthcare Services & Insurance TPA Private Limited. The company also noted an ED search at a subsidiary, confirming no adverse financial impact.