Medi Assist Healthcare Services Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

Rights For Debt RepaymentFund Raising View source PDF

MEDIASSIST · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.4%1-day move

₹376.00

prior close

₹390.90

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-2.3-2.7-2.7-0.4+2.4+6.2+2.4+2.6-1.4-0.3-2.4-6.9-2.6—

Up moveDown movePending

AI summary

Medi Assist Healthcare Services has submitted its quarterly utilization report for funds raised via a preferential issue of Rs. 198 crore (allotted on October 10, 2025). Of the total proceeds, Rs. 148.40 crore has been deployed so far — primarily Rs. 148.40 crore out of Rs. 150 crore allocated for investment in its wholly-owned subsidiary (Medi Assist Insurance TPA Pvt. Limited) to prepay/repay subsidiary borrowings. The remaining Rs. 48 crore earmarked for general corporate purposes has not yet been utilized. The unutilized Rs. 49.60 crore is currently parked in liquid mutual funds. CARE Ratings, the appointed monitoring agency, has confirmed no deviation in fund usage from the objects disclosed in the EGM resolution.

Likely market impact

The company has confirmed full compliance with stated fund utilization objectives — no deviation or variation has been observed, which is a positive signal for investors regarding capital deployment discipline.