Wasatch Advisors LP and Aditya Birla Sun Life MF Increase Stakes in Medi Assist Healthcare

1 min read     Updated on 14 Aug 2025, 11:54 AM
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Reviewed by
Riya DeyScanX News Team
Overview

Wasatch Advisors LP and Aditya Birla Sun Life Mutual Fund have significantly increased their stakes in Medi Assist Healthcare Services Ltd. Wasatch Advisors LP raised its holding from 2.19% to 5.84% of voting capital, while Aditya Birla Sun Life MF increased its stake to 7.03% of total share capital. These transactions were disclosed in regulatory filings to stock exchanges. Medi Assist Healthcare Services has a total share capital of 70,538,100 shares with a par value of Rs 5.00 each and is listed on both NSE and BSE.

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*this image is generated using AI for illustrative purposes only.

Medi Assist Healthcare Services Ltd has seen significant changes in its shareholding pattern, with two major investors increasing their stakes in the company.

Wasatch Advisors LP Boosts Shareholding

Wasatch Advisors LP, a U.S.-based investment firm, has substantially increased its stake in Medi Assist Healthcare Services Ltd. Through open market purchases, Wasatch acquired 2,572,378 shares, raising its total holding from 1,544,039 shares (2.19% of the voting capital) to 4,116,417 shares (5.84% of the voting capital).

Aditya Birla Sun Life MF Also Increases Stake

In a separate transaction, Aditya Birla Sun Life Mutual Fund has also raised its stake in Medi Assist Healthcare. The fund house acquired 1,913,739 shares, increasing its total holding to 4,961,061 shares, which represents 7.03% of the company's total share capital.

Details of the Transactions

The transactions were disclosed in regulatory filings to the stock exchanges. Here's a breakdown of the changes:

Investor Previous Holding New Acquisition Current Holding Current Stake
Wasatch Advisors LP 1,544,039 2,572,378 4,116,417 5.84%
Aditya Birla Sun Life MF 3,047,322 1,913,739 4,961,061 7.03%

Company Information

Medi Assist Healthcare Services Ltd is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The company has a total share capital of 70,538,100 shares with a par value of Rs 5.00 each.

Market Implications

These significant stake increases by institutional investors could be seen as a positive sign for Medi Assist Healthcare, potentially indicating confidence in the company's future prospects. However, it's important to note that Wasatch Advisors LP is not part of the promoter group, as stated in their disclosure.

The company is set to hold its 25th Annual General Meeting, for which the notice and annual report will be sent to shareholders electronically.

Investors and market watchers will likely keep a close eye on Medi Assist Healthcare's performance and any further changes in its shareholding pattern in the coming months.

Historical Stock Returns for Medi Assist Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
+0.53%+4.61%+6.08%+19.70%-17.43%+18.57%
Medi Assist Healthcare
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Aditya Birla Sun Life MF Boosts Stake in Medi Assist Healthcare to 7.03%

1 min read     Updated on 14 Aug 2025, 11:16 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Aditya Birla Sun Life Mutual Fund has increased its stake in Medi Assist Healthcare Services Limited from 4.32% to 7.03%. The fund acquired an additional 19,13,739 shares through open market transactions, bringing its total holding to 49,61,061 shares. This move represents a 2.71% increase in the fund's stake. Medi Assist Healthcare has an equity share capital of Rs. 35,26,90,600 comprising 7,05,38,120 shares of Rs. 5 each. The acquisition was disclosed to stock exchanges in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Aditya Birla Sun Life Mutual Fund has significantly increased its stake in Medi Assist Healthcare Services Limited, a move that underscores growing investor interest in the healthcare sector. The mutual fund acquired an additional 19,13,739 shares through open market transactions, raising its total holding to 7.03% of the company's paid-up capital.

Stake Increase Details

The recent acquisition represents a 2.71% increase in Aditya Birla Sun Life Mutual Fund's stake in Medi Assist Healthcare. Prior to this purchase, the fund held 30,47,322 shares, equivalent to a 4.32% stake. Following the transaction, their total holding now stands at 49,61,061 shares.

Company Overview

Medi Assist Healthcare Services Limited has an equity share capital of Rs. 35,26,90,600 comprising 7,05,38,120 shares of Rs. 5 each.

Transaction Breakdown

Particulars Before Acquisition Acquisition After Acquisition
Shares Held 30,47,322 19,13,739 49,61,061
Stake (%) 4.32 2.71 7.03

Regulatory Compliance

In compliance with SEBI regulations, Aditya Birla Sun Life AMC Limited, the asset management company for the mutual fund, has duly informed the stock exchanges about this substantial acquisition. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Market Implications

This increased investment by a major mutual fund could be seen as a vote of confidence in Medi Assist Healthcare's future prospects. It may also draw attention to the company's potential within the evolving healthcare services sector.

As the healthcare industry continues to grow and evolve, such strategic investments by institutional investors could signal positive sentiment towards companies operating in this space.

Investors and market watchers will likely keep a close eye on Medi Assist Healthcare's performance in the coming quarters to see if this increased stake by Aditya Birla Sun Life Mutual Fund translates into enhanced value for all shareholders.

Historical Stock Returns for Medi Assist Healthcare

1 Day5 Days1 Month6 Months1 Year5 Years
+0.53%+4.61%+6.08%+19.70%-17.43%+18.57%
Medi Assist Healthcare
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