The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wasatch Advisors LP
MEDIASSIST · price
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Wasatch Advisors LP, a US-based investment firm (FII), acquired 2,572,378 equity shares (3.65% of total share capital) of Medi Assist Healthcare Services Ltd through an open market purchase on August 12, 2025. Before this acquisition, Wasatch held 1,544,039 shares (2.19%); after the acquisition, their holding increased to 4,116,417 shares (5.84%). This disclosure was triggered under SEBI SAST Regulation 29(1), as the purchase caused the acquirer's stake to cross the 5% disclosure threshold. The acquirer is not part of the promoter/promoter group. Medi Assist has 70,538,100 total shares outstanding with a face value of Rs. 5 per share.
This is a notable FII buying signal showing increased institutional confidence in Medi Assist. The 3.65% jump in a single transaction crossing the 5% threshold could be viewed positively by retail investors, though any further accumulation by Wasatch will draw closer regulatory attention as holdings approach 10%.