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.
Medi Assist Healthcare Services is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies.
