Medi Assist Healthcare Services Limited has informed the Exchange regarding Change in Director(s) of the company.
MEDIASSIST · price
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Medi Assist Healthcare Services has informed the stock exchanges about multiple board-level changes approved at a board meeting on May 15, 2025. The Board approved the re-appointment of Dr. Vikram Jit Singh Chhatwal as Chairman cum Whole-Time Director and Mr. Satish V N Gidugu as Whole-Time Director & CEO, each for a further five-year term starting March 1, 2026, subject to shareholder approval. Dr. Ritu Niraj Anand was also re-appointed as Independent Director for a second five-year term starting March 15, 2026. Separately, Company Secretary and Chief Compliance Officer Ms. Simmi Singh Bisht resigned effective June 12, 2025 to pursue other career opportunities, with no material reasons disclosed. Ms. Rashmi B V, an existing employee who contributed to the company's IPO process, has been appointed as the Interim Company Secretary & Compliance Officer from June 13, 2025.
The re-appointments signal leadership continuity at both the Chairman and CEO levels, which is generally positive for shareholders. The resignation of the Company Secretary is a routine KMP change with a planned successor already in place, so it is unlikely to materially affect the stock price.