Medi Assist Healthcare Services surges on acquiring additional 31.75% stake in Mayfair
Medi Assist Healthcare Services is currently trading at Rs. 375.60, up by 8.65 points or 2.36% from its previous closing of Rs. 366.95 on the BSE.
The scrip opened at Rs. 370.40 and has touched a high and low of Rs. 381.00 and Rs. 370.40 respectively. So far 7726 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 594.40 on 12-Aug-2025 and a 52 week low of Rs. 293.40 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 381.00 and Rs. 359.95 respectively. The current market cap of the company is Rs. 2805.80 crore.
The promoters holding in the company stood at 4.61%, while Institutions and Non-Institutions held 73.50% and 21.89% respectively.
Medi Assist Healthcare Services has completed the acquisition of an additional 31.75% of the issued share capital (representing 1,270 ordinary shares) of Mayfair We Care, UK (Mayfair), a subsidiary of the company, via share transfer from its existing shareholders effective July 1, 2026. The total consideration for the acquisition is around Rs 7.56 crore (equivalent to 589,270 Great British Pound as of the remittance date). Consequently, the company’s total shareholding in Mayfair has increased from 60% to 91.75% of its issued share capital.
This transaction deepens the company's foothold in international markets and is consistent with its long-term vision of delivering seamless, cross-border health administration. By consolidating direct leadership over Mayfair's operations, the company aims to drive greater operational efficiency and capitalize on emerging global opportunities.
