Medi Assist Healthcare Services Limited — Others, 11-08-2025: Shareholders meeting

Medi Assist Healthcare Services will hold an Extra-ordinary General Meeting on September 4, 2025, to seek shareholder approval for a preferential issue. The company plans to issue up to 37.01 lakh equity shares at INR 535 each, aiming to raise approximately INR 198.00 Cr. Funds will be raised from institutional investors Massachusetts Institute of Technology and 238 Plan Associates LLC. The proceeds are intended to reduce debt, particularly following the recent INR 412.40 Cr acquisition of Paramount Health Services, and for general corporate purposes. This move aims to optimize the company's capital structure and strengthen its financial position.