MEDIASSISTMedi Assist Healthcare Services Ltd.

Medi Assist Healthcare Services plans ₹49 crore share buyback at ₹425 a share

Capital raise

Blacklitt Research30 October 20263 min read

Medi Assist Healthcare Services (NSE: MEDIASSIST) has approved a buyback of up to 11,59,199 equity shares at ₹425 a share, for up to ₹49 crore, it said in a filing on 30 Oct 2026. The buyback is by tender offer, and the company's market value at the 30 Oct 2026 close was about ₹2,205 crore.

Key highlights

Maximum buyback size: ₹49.27 crore, excluding transaction costs
Buyback price: ₹425 per equity share, payable in cash
Shares proposed: up to 11,59,199, about 1.55% of paid-up capital
Record date: 20 Nov 2026

The buyback in numbers

Item	Detail
Shares proposed for buyback	Up to 11,59,199 equity shares of face value ₹5 each
Buyback price	₹425 per equity share, payable in cash
Maximum buyback size	₹49.27 crore (₹49,26,59,575), excluding transaction costs
Route	Proportionate tender offer through the stock exchange mechanism
Record date	20 Nov 2026
Compliance officer	Ms. Rashmi BV, Company Secretary

Size and scale of the buyback

The Board approved the buyback on 30 Oct 2026 at a price of ₹425 a share, with a maximum size of ₹49,26,59,575, which the company says is within the 10% limit of paid-up equity capital and free reserves under the Board approval route. The maximum size excludes brokerage, taxes, stamp duty and other transaction costs.

The 11,59,199 shares proposed represent 1.55% of the 7,47,01,842 equity shares in paid-up capital as of 30 Sep 2026. The number actually bought back will be known only after the buyback is completed.

Shareholding and who may take part

Before the buyback, promoters and the promoter group held 34,41,836 shares, or 4.61%, and public shareholders held 7,12,60,006 shares, or 95.39%, as of 30 Sep 2026. The promoter and promoter group have indicated they do not intend to participate.

The buyback is open to all shareholders and beneficial owners of equity shares, and the record date for entitlement is 20 Nov 2026. The Board or Buyback Committee may, one working day before the record date, raise the price and reduce the number of shares, keeping the size unchanged.

Process still to come

The timetable, process and other details will be set out in the public announcement and the letter of offer, to be published under the SEBI Buyback Regulations. The buyback is delegated to a Buyback Committee.

What the buyback means for Medi Assist Healthcare Services' shareholders

The buyback is a proposal approved by the Board, with a maximum size of ₹49.27 crore at ₹425 a share, and it is open to public shareholders on a proportionate basis. Public shareholders hold most of the equity, and the promoter group has said it will not sell into the buyback.

The filing does not say how the buyback will be funded, when the offer opens or closes, what the post-buyback shareholding pattern will be, or whether it will be completed in full. The next dated step is the record date of 20 Nov 2026.

Reference: Original filing (PDF)

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