Medi Assist Healthcare has fixed Friday, September 11, 2026, as the record date for determining shareholder entitlement to receive the final dividend for the financial year ended March 31, 2026 (FY26). The Board of Directors recommended a final dividend of ₹2 per equity share, carrying a face value of ₹5 each, during their meeting held on May 09, 2026. This payout is subject to approval by shareholders at the ensuing Annual General Meeting (AGM). For investors holding shares on the record date, the dividend represents a direct return on capital, contingent upon the regulatory and procedural approvals outlined below.

The 26th AGM of the company is scheduled to take place on Thursday, September 24, 2026, at 10:30 AM (IST). In compliance with applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI), the meeting will be conducted through Video Conferencing or Other Audio-Visual Means. The notice convening the AGM and the Annual Report for FY26 will be filed separately with the stock exchanges and circulated to shareholders within prescribed timelines. These documents will also be available on the company’s website.

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company communicated the record date to the National Stock Exchange of India Limited and BSE Limited. If approved at the AGM, the final dividend will be paid within 30 days from the date of declaration. Payments will be made through permissible electronic modes to shareholders whose bank account details are registered with the Depositories and/or the company’s Registrar and Share Transfer Agent (RTA). Applicable taxes will be deducted at source.

Dividend Details

The company’s Company Secretary & Compliance Officer, Rashmi B V, signed the intimation on August 08, 2026. The disclosure ensures transparency regarding the timeline for dividend entitlement, allowing investors to align their holdings accordingly before the cutoff date.

Medi Assist Healthcare Services Limited reported a consolidated net profit of ₹275.97 million for the quarter ended June 30, 2026, marking a 21.9% increase from ₹226.31 million in the corresponding period of the previous year. Revenue from operations rose 24.1% year-on-year to ₹2,365.19 million, driven by higher volumes and the inclusion of Paramount Health Services and Insurance TPA Private Limited following its acquisition. The Board of Directors also approved a final dividend of ₹2 per equity share for financial year 2025-26, with the record date fixed for September 11, 2026.

The company’s standalone net profit grew more sharply to ₹131.52 million, up 64.0% from ₹80.20 million in Q1FY25. Standalone revenue from operations increased to ₹589.84 million from ₹437.04 million. Statutory auditors MSK A & Associates LLP issued an unmodified review report on the unaudited financial results, which were prepared in accordance with Ind AS 34 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Metrics

Governance and Leadership Changes

In a move to separate the roles of Chairman and executive management, Dr. Vikram Jit Singh Chhatwal will demit his office as Whole-Time Director effective August 08, 2026. He will continue on the Board as a Non-Executive, Non-Independent Director and Chairman. Concurrently, Gaurav Bhatnagar was appointed as Senior Managerial Personnel and joined Medi Assist Insurance TPA Private Limited as Chief TPA Officer. These changes were recommended by the Nomination and Remuneration Committee and disclosed under Regulation 30 of the SEBI Listing Regulations.

Regulatory and Operational Updates

The statutory auditors included an emphasis of matter regarding a search and seizure operation conducted by the Enforcement Directorate at certain offices of Medi Assist Insurance TPA Private Limited in Ranchi, Jharkhand, on April 04, 2025. Management stated that there is no adverse impact on the company and no adjustment is required in the current quarter’s results. Additionally, the company completed the acquisition of an additional 31.75% equity stake in Mayfair We Care Limited effective July 01, 2026, recognizing a gain of ₹31.18 million from the remeasurement of derivative liability.

What the Numbers Show

The significant divergence between standalone and consolidated profit growth highlights the accretive nature of recent acquisitions. While standalone profits surged 64%, consolidated profits grew 22%, indicating that the newly integrated Paramount TPA operations are contributing substantial revenue but at lower margin profiles compared to the core standalone business. Furthermore, the recognition of a ₹31.18 million gain from the remeasurement of non-controlling interest derivatives underscores the financial engineering involved in consolidating Mayfair We Care Limited.