Medi assist healthcare Services Limited has completed the allotment of 1,51,685 equity shares to eligible employees under its Employee Stock Option Scheme 2013. The company informed stock exchanges about this development on February 26, 2026, following the approval by its Nomination and Remuneration Committee through a Circular Resolution dated February 25, 2026.

Share Capital Enhancement

The ESOP allotment has resulted in a significant increase in the company's equity base. The paid-up equity share capital has grown from Rs. 37,22,88,710 to Rs. 37,30,47,135, representing an addition of Rs. 7,58,425 to the capital base.

ESOP Exercise Details

The allotted shares were issued under the Employee Stock Option Scheme 2013 at multiple exercise price points. The exercise prices varied between Rs. 256, Rs. 273, and Rs. 281 per share, with corresponding premiums of Rs. 251, Rs. 268, and Rs. 276 respectively.

Regulatory Compliance

The allotment was conducted in compliance with SEBI regulations, specifically under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also fulfilled disclosure requirements under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The newly allotted equity shares rank pari-passu with existing equity shares of the company, ensuring equal rights and privileges for all shareholders. No lock-in period applies to these shares, and they are issued in dematerialized form under ISIN INE456Z01021. The shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Medi Assist Healthcare Services Limited has successfully completed its postal ballot process through remote e-voting, with shareholders approving all five resolutions with requisite majority. The company announced the voting results on February 25, 2026, following the conclusion of the e-voting process on February 24, 2026, at 5.00 p.m. (IST).

Postal Ballot Overview

The postal ballot process was conducted in accordance with Section 110 and 108 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations. The notice for the postal ballot was dated December 29, 2025, with the cut-off date set as January 16, 2026.

Resolutions Approved

All five resolutions presented to shareholders received overwhelming support, with voting participation of 71.88% of total outstanding shares across all resolutions.

Leadership Re-appointments

Resolution 1 (Special Resolution): Re-appointment of Dr. Ritu Niraj Anand (DIN: 00363699) as Independent Director for a second term from March 15, 2026, to March 14, 2031, received 99.99% approval with 53,518,116 votes in favor.

Resolution 2 (Ordinary Resolution): Re-appointment of Dr. Vikram Jit Singh Chhatwal (DIN: 01606329) as Chairman and Whole-Time Director for five years from March 01, 2026, to February 28, 2031, was approved with 98.64% support.

Resolution 4 (Ordinary Resolution): Re-appointment of Mr. Satish V N Gidugu (DIN: 06643677) as Whole-Time Director and Chief Executive Officer for five years from March 01, 2026, to February 28, 2031, received 99.61% approval.

Remuneration Approvals

Resolution 3 (Special Resolution): Approval of remuneration for Dr. Vikram Jit Singh Chhatwal as Chairman and Whole-Time Director for up to three years from March 01, 2026, was passed with 98.64% votes in favor.

Resolution 5 (Special Resolution): Approval of remuneration for Mr. Satish V N Gidugu as Whole-Time Director and CEO for up to three years from March 01, 2026, received 99.61% support.

Voting Participation Analysis

The voting results demonstrated strong institutional support across all resolutions:

Process and Compliance

The postal ballot was conducted entirely through remote e-voting in compliance with MCA circulars. MUFG Intime India Private Limited served as the e-voting service provider, while BMP & Co. LLP acted as the scrutinizer. The scrutinizer's report was submitted on February 25, 2026, confirming that all resolutions were passed with requisite majority.

Biswajit Ghosh, Partner of BMP & Co. LLP, served as the appointed scrutinizer and confirmed the voting process was conducted in a fair and transparent manner. The voting data was downloaded from the e-voting portal on February 24, 2026, at 5:07 P.M. (IST) in the presence of two witnesses.

The voting results and scrutinizer's report have been uploaded on the company's website at www.mediassist.in and the registrar's website. The resolutions are deemed to have been approved on February 24, 2026, the last date of e-voting, ensuring continuity in the company's leadership and governance structure.