Medi Assist Healthcare Services Limited — JV/Acquisition, 06-02-2026: Amalgamation/Merger
06-02-2026 | 06:25 pm
06-02-2026 | 06:25 pm
Medi Assist's board approved the merger of its wholly-owned subsidiaries, International Healthcare Management Services (IHMS) and Mayfair Consultancy Services (MCSI). This move aims to streamline the group structure, achieve operational synergies, and optimize costs by consolidating back-office and consultancy services. As of March 31, 2025, IHMS had a turnover of ₹7.27 Cr and net worth of ₹5.28 Cr, while MCSI had ₹4.85 Cr turnover and ₹5.21 Cr net worth. Since both are wholly-owned, no cash or share exchange will occur, and Medi Assist's shareholder pattern remains unchanged. This internal consolidation is expected to boost overall efficiency.
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