Medi Assist moves up on integrating UIDAI`s Aadhaar Offline Verification Framework
Medi Assist Healthcare Services is currently trading at Rs. 358.70, up by 2.80 points or 0.79% from its previous closing of Rs. 355.90 on the BSE.
The scrip opened at Rs. 361.15 and has touched a high and low of Rs. 362.10 and Rs. 355.30 respectively. So far 2520 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. 369.05 and Rs. 354.00 respectively. The current market cap of the company is Rs. 2679.56 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 integrated UIDAI’s Aadhaar Offline Verification Framework into its health benefits platforms after becoming a registered Offline Verification Seeking Entity (OVSE). The integration enables secure, consent-based identity verification across key healthcare journeys, helping members access their health benefits with reduced paperwork while lowering the risk of identity misuse, impersonation, and document-related fraud.
Built on UIDAI’s Aadhaar Offline Verification Framework, the capability allows members to verify their identity quickly and securely, with explicit consent and by sharing only the information required for a specific transaction. By reducing reliance on photocopies or physical identity documents, the process helps safeguard member privacy while making verification simpler and more reliable. Location information captured during verification also helps confirm that the healthcare interaction is genuine, giving members greater confidence that their health benefits are accessed only by the rightful beneficiary.
For insurers and employers, the capability strengthens identity assurance, reduces manual documentation, supports faster claims processing, and helps create a more trusted healthcare benefits ecosystem.
