Medi Assist Healthcare Services Limited — Important, 03-03-2026: Disclosure of material issue

Medi Assist update: Its wholly-owned subsidiary, Medi Assist TPA, concluded a recent GST search initiated by Maharashtra authorities. The issue stems from alleged non-compliance by a supplier regarding tax remittance and accrued interest on customer invoices. To avoid potential penalties, Medi Assist TPA has paid ₹4.83 Cr, emphasizing that this payment is without prejudice to its rights to seek recovery. Operations are continuing as usual, and the company states there is no material impact on its financials or operations beyond this payment. #MediAssist #GSTUpdate