MEDIASSISTMedi Assist Healthcare Services Ltd.
Medi Assist Healthcare Services sets ₹49 crore buyback at ₹425 a share
- Capital raise
- Health insurance services
Reviewed byKeshav SehgalBlacklitt Research
Medi Assist Healthcare Services (NSE: MEDIASSIST) plans to buy back up to 11,59,199 equity shares at ₹425 a share, for up to ₹49.27 crore, through the tender offer route, it said in a filing on 03 Nov 2026. The record date is 20 Nov 2026.
Key highlights
- Buyback size: up to ₹49.27 crore excluding transaction costs
- Price: ₹425 a share, a premium of 43.97% over the NSE close on 30 Oct 2026
- Shares: up to 11,59,199, about 1.55% of paid-up equity
- Record date: 20 Nov 2026; promoters do not intend to tender
The buyback in numbers
| Item | Detail |
|---|---|
| Shares proposed | Up to 11,59,199 equity shares of ₹5 face value |
| Buyback price | ₹425 a share in cash |
| Buyback size | Up to ₹49.27 crore, excluding transaction costs |
| Route | Tender offer, on a proportionate basis |
| Record date | 20 Nov 2026 |
| Funding | Cash balances, investment disposals and internal accruals; no borrowed funds |
| Designated stock exchange | BSE |
Size against company capital
The buyback size of up to ₹49.27 crore is 10% of the standalone paid-up capital and free reserves, and 5.97% on a consolidated basis, based on audited accounts as at 31 Mar 2026. The company's board approved the buyback at its meeting on 30 Oct 2026.
The company says the buyback returns surplus funds that are over and above its ordinary capital requirements, including technology investment, international growth initiatives and strategic acquisitions.
Promoters and employee options
The promoters and promoter group have said they will not tender their shares, in emails and letters dated 28 Oct 2026. The company had 3,85,846 vested and 7,16,700 unvested employee stock options as on the public announcement date.
What the buyback means for Medi Assist Healthcare Services' shareholders
Shareholders who hold shares on the record date of 20 Nov 2026 may tender shares under the buyback, and the company says the buyback is open to all eligible shareholders with 15% of shares reserved for small shareholders. The company's latest quarter, Q2 FY27, showed consolidated net profit of ₹21.58 crore on total income of ₹245.36 crore.
Not stated: the tender period, the payout date, how many shares will be accepted, and the effect on earnings per share after completion. The next dated step is the record date of 20 Nov 2026.
Filed with BSE on . Reference: Original filing (PDF)
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