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  3. Medi Assist Healthcare Services Allots 92,415 Equity Shares Under Employee Stock Option Scheme
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India IPO
  • 03 Apr 2026
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 Medi Assist Healthcare Services Allots 92,415 Equity Shares Under Employee Stock Option Scheme

Medi Assist Healthcare Services Limited allotted 92,415 equity shares under Employee Stock Option Scheme 2013 on April 03, 2026. The allotment increased paid-up capital from Rs. 37,30,47,135 to Rs. 37,35,09,210, with total shares reaching 7,47,01,842. Shares were issued at exercise prices of Rs. 256 and Rs. 273 with premiums of Rs. 251 and Rs. 268 respectively.

Medi Assist Healthcare Services Allots 92,415 Equity Shares Under Employee Stock Option Scheme

Medi assist healthcare Services Limited has completed the allotment of 92,415 equity shares to an eligible employee under its Employee Stock Option Scheme 2013. The allotment was approved by the company's Nomination and Remuneration Committee through a Circular Resolution dated April 03, 2026.

Share Capital Enhancement

The allotment has resulted in an increase in the company's paid-up equity share capital. The following table shows the capital structure before and after the allotment:

Parameter: Before Allotment After Allotment Paid-up Capital: Rs. 37,30,47,135 Rs. 37,35,09,210 Number of Shares: 7,46,09,427 7,47,01,842 Face Value per Share: Rs. 5 Rs. 5

ESOP Exercise Details

The shares were allotted under the Employee Stock Option Scheme 2013 with specific exercise parameters:

Details: Information Shares Allotted: 92,415 equity shares Issue Date: April 03, 2026 Exercise Price: Rs. 256 and Rs. 273 Premium per Share: Rs. 251 and Rs. 268 Distinctive Numbers: 7,46,09,428 - 7,47,01,842

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed with both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under the symbol MEDIASSIST.

Share Characteristics

The newly allotted equity shares will rank pari-passu with existing equity shares of the company in all respects. No lock-in provisions apply to these shares, and they are issued in demat form. The shares carry the same rights and privileges as the existing equity shares of the company.

The company secretary and compliance officer, Rashmi BV, signed the regulatory filing, confirming the completion of all necessary procedures for the share allotment under the employee stock option scheme.

Medi Assist Healthcare Services Limited has received regulatory approval from both major Indian stock exchanges for reclassifying certain promoter entities to public category. The company announced on April 2, 2026, that it has obtained no-objection letters from the National Stock Exchange of India Limited and BSE Limited for the reclassification under Regulation 31A of SEBI LODR Regulations, 2015.

Regulatory Approval Details

Both exchanges issued their no-objection letters on April 2, 2026. NSE provided its approval through letter reference NSE/LIST/COMP/MEDIASSIST/572/2026-2027, while BSE issued its consent via letter number LIST/COMP/HG/005/2026-27. The approvals were granted based on the company's application dated February 10, 2026.

Entities Subject to Reclassification

The reclassification involves six entities moving from promoter and promoter group status to public category:

Entity Name Current Category New Category Bessemer India Capital Holdings II Ltd Promoter Public Bessemer Health Capital LLC Promoter Group Public Bessemer Venture Partners Trust Promoter Group Public Perfios Software Solutions Private Limited Promoter Group Public Lentra AI Private Limited Promoter Group Public Plobal Apps Inc Promoter Group Public

Regulatory Framework and Compliance

The reclassification is being conducted under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides the framework for reclassifying promoters and promoter group entities to public category under specific circumstances.

Both exchanges have emphasized that Medi Assist Healthcare Services must ensure compliance with subsequent relevant disclosures of material events related to this reclassification. The company is required to adhere to all applicable provisions of Regulation 31A of SEBI LODR Regulations, 2015.

Previous Communications

This development follows the company's earlier intimations to the exchanges dated January 9, 2026, February 6, 2026, and February 11, 2026. The formal application for reclassification was submitted on February 10, 2026, leading to the current approval from both exchanges.

The company has confirmed that this information will be made available on its website at www.mediassist.in as part of its disclosure obligations. The no-objection letters from both exchanges have been attached to the company's regulatory filing for stakeholder reference.

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