Medi Assist Healthcare Services Limited has informed the Exchange regarding 'Intimation on receipt of No-Objection letter(s) from the Stock Exchanges in relation to reclassification of certain promoters from promoter and promoter group category to public category '.
MEDIASSIST · price
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Medi Assist Healthcare Services has received No-Objection letters from both NSE and BSE dated April 2, 2026, approving the reclassification of 6 entities from promoter/promoter group to public category. The entities include Bessemer India Capital Holdings II Ltd (formerly Promoter) and five others from Promoter Group - Bessemer Health Capital LLC, Bessemer Venture Partners Trust, Perfios Software Solutions Private Limited, Lentra AI Private Limited, and Plobal Apps Inc. This follows the company's earlier applications dated January-February 2026. The reclassification is under SEBI Regulation 31A of the LODR Regulations, 2015.
This reclassification reduces the total promoter group holding in the company, as these entities will now be treated as public shareholders. It may lead to increased liquidity in the stock but also indicates significant reduction in promoter backing, which could be viewed cautiously by the market.