Medi assist healthcare Services has announced a strategic partnership with LawtonAsia aimed at expanding its footprint in the Southeast Asian market, specifically Thailand. The collaboration centers on deploying advanced AI-driven health-tech solutions to enhance insurance claims processing capabilities, with implementation currently underway.

Strategic Partnership Details

The partnership between Medi Assist Healthcare Services and LawtonAsia represents a significant step in the company's international expansion strategy. LawtonAsia is a premier independent insurance broker headquartered in Thailand, recognized for delivering comprehensive and personalized insurance solutions across medical insurance, employee benefits packages, general insurance, and reinsurance services.

Technology Implementation and Benefits

Through this partnership, LawtonAsia is adopting Medi Assist's AI-driven international health and travel insurance platform to streamline the claims experience. The platform optimizes turnaround times and increases transparency, ensuring members have clear visibility and immediate access to their benefits. Additionally, the solution empowers corporate clients to manage flexible benefit plans within their insurance programs seamlessly.

Executive Perspectives

Jerome Kelly, CEO of LawtonAsia, commented on the partnership: "The deal has been months in the making and was cemented when we visited India earlier last week to tour the Medi Assist offices and sign off on the deal. This is a major upgrade for LawtonAsia and will allow the company to use best-in-class AI systems to manage medical insurance claims and provide greater control for clients."

Nikhil Chopra, CBO of Medi Assist, stated: "We're pleased to partner with LawtonAsia as we expand our presence across international markets. By bringing our AI-driven platform into their operations, we're enabling faster claims processing, greater transparency, and more intelligent decision-making."

Implementation Timeline

The implementation phase has officially commenced, with comprehensive testing currently underway in Thailand. Both teams are working closely to ensure a seamless transition, prioritizing reliability, service continuity, and member experience ahead of the full launch expected in the coming weeks. This collaboration reflects a shared commitment to making health benefits effortless, sustainable, and accessible for policyholders across geographies.

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.