Medi Assist Healthcare Services Limited
Incorporated in June 2000, Medi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.
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Medi Assist acquired Paramount TPA, became debt-free repaying Rs. 155.07 Cr debt, and raised Rs. 1,980.03 Cr equity. Consolidated revenue rose 23.58% to Rs. 923.24 Cr. MAven Guard saved Rs. 540 Cr in fraud. Dr. Chhatwal became Non-Executive Chairman.
Medi Assist Healthcare Services has announced its 26th AGM on September 24, 2026, via VC/OAVM. A final dividend of Rs. 2/- per share for FY26 is proposed, with a record date of September 11, 2026. E-voting opens September 21.
Medi Assist reported Q1 FY27 revenue up 24.1% to ₹236.5 Cr & PAT up 21.9% to ₹27.6 Cr. Paramount integration is near completion. The company secured 7 AI platform contracts & expanded internationally via Mayfair. It remains debt-free with ₹245.5 Cr free cash.
Medi Assist increased its stake in UK subsidiary Mayfair We Care by 31.75% to 91.75% for Rs. 7.57 Cr. Nikhil Chopra is now Mayfair's CEO, signaling strengthened operational control and strategic alignment.
MEDIASSIST's internal merger scheme for its wholly-owned subsidiaries is now referred to the National Company Law Tribunal. Crucially, this restructuring has no impact on the company's consolidated financial statements.