Share price at the NSE close on 23 Oct 2026. Previous close ₹288.60.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹2,123 Cr1,007th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 8 Aug 2026
- 22.8
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹14 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 19.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 9 May 2026
- 2.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.70%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 8 Aug 2026
- 13.5%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹14 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 15.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 8 Aug 2026
- 11.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 9 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,48,49663.9% delivered
Medi Assist Healthcare Services board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonVikram Jit Singh ChhatwalRelated to the promoter
- Chief executiveSatish V N Gidugu
- Company Secretary and Compliance OfficerRashmi B V
8 directors5 independent2 executive1 non-executive
- Vikram Jit Singh Chhatwal · ChairpersonExecutive · joined Mar 2007 · reappointed Mar 2026 · 1 listed board
- Satish V N Gidugu · Chief executiveExecutive · joined Apr 2020 · reappointed Mar 2026 · 1 listed board · 1 committee seat
- Ritu Niraj AnandIndependent · joined Mar 2021 · reappointed Mar 2026 · 63 months as independent · 3 listed boards · 3 as independent · 4 committee seats
- Alamelu Lakshmanachary ThatraIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Narain DuraiswamiIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Madhavan GanesanIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 2 listed boards · 1 as independent · 2 committee seats
- M Ashwin RaghavIndependent · joined Feb 2025 · reappointed Feb 2025 · 16 months as independent · 1 listed board · 1 as independent
- Sunita Rebecca CherianNon-executive · joined Feb 2026 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
5 directors who left
- Himani Atul Kapadia, left 14 Mar 2026: Tenure Completion
- Vishal Vijay Gupta, left 5 Nov 2025: Others
- Ananda Mukerji, left 5 Feb 2025: Others
- Anil Kumar Chanana, left 14 Nov 2024: Others
- Gopalan Srinivasan, left 14 Nov 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 24 Jun 20268 of 8 present5 independent · 45 days in between
- 9 May 20266 of 8 present3 independent · no day in between
- 8 May 20266 of 8 present3 independent · 90 days in between
- 6 Feb 20268 of 9 present5 independent
Audit Committee
Chair Narain Duraiswami
Madhavan Ganesan, Alamelu Lakshmanachary Thatra
- 24 Jun 20263 of 3 present3 independent · 45 days in between
- 9 May 20262 of 3 present2 independent · 91 days in between
- 6 Feb 20263 of 4 present3 independent
Nomination and remuneration committee
Chair Ritu Niraj Anand
Madhavan Ganesan, M Ashwin Raghav
- 5 May 20262 of 3 present2 independent · 88 days in between
- 5 Feb 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair Alamelu Lakshmanachary Thatra
Ritu Niraj Anand, Satish V N Gidugu
No meeting listed in the filing.
Risk Management Committee
Chair Madhavan Ganesan
Satish V N Gidugu, Narain Duraiswami, Alamelu Lakshmanachary Thatra
- 9 May 20263 of 4 present2 independent
Corporate Social Responsibility Committee
Chair Ritu Niraj Anand
Satish V N Gidugu, Sunita Rebecca Cherian
- 9 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M S K A & Associates LLP (Formerly known as M S K A & Associates)Peer-review certificate valid to Jul 2027
1 earlier auditor
- MSKA & AssociatesNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Medi Assist Healthcare Services AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Medi Assist Healthcare Services dividend history
Annual general meeting, 24 Sep 2026
88,051 shareholders on the register on 17 Sep 2026; present: 1 promoter and 45 others; votes counted by Pramod S M / BMP & Co. LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company (including consolidated financial statements) for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 73.02% · promoters 100.00% · institutions 95.00% · other public 3.15%
- To declare a final dividend for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 73.02% · promoters 100.00% · institutions 95.00% · other public 3.15%
- To re-appoint a Director in place of Ms. Sunita Rebecca Cherian who retires by rotation and being eligible, offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 73.02% · promoters 100.00% · institutions 95.00% · other public 3.15%
- Approval of payment of commission to Non-Executive Directors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.22%
Turnout: all 73.02% · promoters 100.00% · institutions 95.00% · other public 3.15%
- Approval of change in designation of Dr. Vikram Jit Singh Chhatwal from Whole-Time Director to Non-Executive, Non-Independent Director of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 73.02% · promoters 100.00% · institutions 95.00% · other public 3.15%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Apr 2026, 1 resolution
93,083 shareholders on the register on 20 Mar 2026; votes counted by Biswajit Ghosh / BMP & Co. LLP.The company's voting result (opens in a new tab)
- Approval for appointment of Ms. Sunita Rebecca Cherian (DIN: 10188170) as a Non-Executive, Non-Independent Director of the CompanyOrdinary99.46% for0.54% against
Against: promoters 0.00% · institutions 0.58% · other public 0.44%
Turnout: all 74.13% · promoters 100.00% · institutions 93.49% · other public 4.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 24 Feb 2026, 5 resolutions
93,387 shareholders on the register on 16 Jan 2026; votes counted by Biswajit Ghosh / BMP & Co. LLP.The company's voting result (opens in a new tab)
Approval for re-appointment of Dr. Ritu Niraj Anand (DIN: 00363699) as an Independent Director of the Company for the second term of five years from March 15, 2026 to March 14, 2031 (both days inclusive)MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.80%
Turnout: all 71.88% · promoters 100.00% · institutions 88.62% · other public 4.08%
Approval for re-appointment of Dr. Vikram Jit Singh Chhatwal (DIN: 01606329) as the Chairman and Whole-Time Director of the Company for a further period of five years with effect from March 01, 2026 to February 28, 2031 (both days inclusive)MoreLess
Ordinary98.64% for1.36% againstAgainst: promoters 0.00% · institutions 1.47% · other public 0.62%
Turnout: all 71.88% · promoters 100.00% · institutions 88.62% · other public 4.08%
- Approval of remuneration payable to Dr. Vikram Jit Singh Chhatwal (DIN: 01606329), Chairman and Whole-Time Director of the Company for a period not exceeding three years effective from March 01, 2026Special98.64% for1.36% against
Against: promoters 0.00% · institutions 1.47% · other public 0.65%
Turnout: all 71.88% · promoters 100.00% · institutions 88.62% · other public 4.08%
Approval for re-appointment of Mr. Satish V N Gidugu (DIN: 06643677) as the Whole-Time Director and Chief Executive Officer of the Company for a further period of five years with effect from March 01, 2026 to February 28, 2031 (both days inclusive)MoreLess
Ordinary99.61% for0.39% againstAgainst: promoters 0.00% · institutions 0.42% · other public 0.61%
Turnout: all 71.88% · promoters 100.00% · institutions 88.62% · other public 4.08%
Approval of remuneration payable to Mr. Satish V N Gidugu (DIN: 06643677), Whole-Time Director and Chief Executive Officer of the Company for a period not exceeding three years effective from March 01, 2026MoreLess
Special99.61% for0.39% againstAgainst: promoters 0.00% · institutions 0.42% · other public 0.77%
Turnout: all 71.88% · promoters 100.00% · institutions 88.62% · other public 4.08%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2025, 5 resolutions
1,01,076 shareholders on the register on 16 Sep 2025; present: 1 promoter and 50 others; votes counted by Pramod S M / BMP & Co. LLP.The company's voting result (opens in a new tab)
To receive, consider and adopt-a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors thereonMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 67.85% · promoters 100.00% · institutions 81.41% · other public 19.00%
- To re-appoint a Director in place of Mr. Satish V N Gidugu who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 67.85% · promoters 100.00% · institutions 81.41% · other public 19.00%
- Approval of payment of commission to Independent Directors of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 67.85% · promoters 100.00% · institutions 81.41% · other public 19.00%
- Approval for aligning the limit for creating mortgages/ charges on the assets of the Company under Section 180(1)(a) with Section 180(1)(c) of the Companies Act, 2013Special99.94% for0.06% against
Against: promoters 0.00% · institutions 0.06% · other public 0.10%
Turnout: all 67.85% · promoters 100.00% · institutions 81.41% · other public 19.00%
- Approval for appointment of M/s. BMP & Co. LLP as Secretarial Auditor of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 67.85% · promoters 100.00% · institutions 81.41% · other public 19.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 4 Sep 2025, 1 resolution
1,01,135 shareholders on the register on 28 Aug 2025; present: 1 promoter and 56 others; votes counted by Pramod S M / BMP & Co. LLP.The company's voting result (opens in a new tab)
- ISSUE OF EQUITY SHARES OF THE COMPANY ON A PREFERENTIAL BASISSpecial99.15% for0.85% against
Against: promoters 0.00% · institutions 0.96% · other public 0.10%
Turnout: all 75.68% · promoters 100.00% · institutions 91.86% · other public 19.29%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 30 Apr 2025, 1 resolution
1,01,283 shareholders on the register on 25 Mar 2025; votes counted by Pramod S M / BMP & Co. LLP.The company's voting result (opens in a new tab)
- APPOINTMENT OF MR. ASHWIN RAGHAV (DIN: 10908920) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 71.90% · promoters 100.00% · institutions 82.16% · other public 22.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 28 Dec 2024, 4 resolutions
91,690 shareholders on the register on 22 Nov 2024; votes counted by Pramod S M / BMP & Co. LLP.The company's voting result (opens in a new tab)
- Appointment of Ms. T.L. Alamelu (DIN: 07628279) as a Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 68.82% · promoters 100.00% · institutions 75.20% · other public 22.45%
- Appointment of Mr. Narain Duraiswami (DIN: 03310642) as a Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 68.82% · promoters 100.00% · institutions 75.20% · other public 22.45%
- Appointment of Mr. Madhavan Ganesan (DIN: 01674529) as a Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 68.82% · promoters 100.00% · institutions 75.20% · other public 22.45%
- To make investments, give loans, guarantees and security in excess of limits specified under section 186 of the Companies Act, 2013SpecialNot passedRecorded as not passed although most votes were for it; no reason is given68.02% for31.98% against
Against: promoters 0.00% · institutions 47.66% · other public 2.66%
Turnout: all 64.69% · promoters 100.00% · institutions 75.20% · other public 3.48%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Sep 2024, 5 resolutions
Present: 2 promoters and 43 others.The company's voting result (opens in a new tab)
- Adoption of financial statements for the financial year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.56% · promoters 100.00% · institutions 84.38% · other public 28.68%
- To declare a final dividend of Rs. 4/- (Rupees Four only) per Equity Share of face value of Rs.5/- (Rupees Five only) for the financial year ended March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.56% · promoters 100.00% · institutions 84.38% · other public 28.68%
- Appointment of Mr. Vishal Vijay Gupta (DIN: 01913013), Non-Executive Nominee Director, liable to retire by rotationOrdinary99.31% for0.69% against
Against: promoters 0.00% · institutions 1.17% · other public 0.01%
Turnout: all 76.56% · promoters 100.00% · institutions 84.38% · other public 28.68%
- To approve payment of commission to Independent Directors of the Company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 76.56% · promoters 100.00% · institutions 84.38% · other public 28.68%
- To consider and approve Shifting of Registered Office of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 76.56% · promoters 100.00% · institutions 84.38% · other public 28.68%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 24 Sep 2026, 5 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt the Audited Financial Statements of the Company (including consolidated financial statements) for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereonMoreLess
5 for0 against- To declare a final dividend for the financial year ended March 31, 20265 for0 against
- To re-appoint a Director in place of Ms. Sunita Rebecca Cherian who retires by rotation and being eligible, offers herself for re-appointment5 for0 against
- Approval of payment of commission to Non-Executive Directors of the Company5 for0 against
- Approval of change in designation of Dr. Vikram Jit Singh Chhatwal from Whole-Time Director to Non-Executive, Non-Independent Director of the Company5 for0 against
Mutual fund votes, meeting of 26 Apr 2026, 12 fund houses
- Approval for appointment of Ms. Sunita Rebecca Cherian (DIN: 10188170) as a Non-Executive, Non-Independent Director of the Company12 for0 against
6 earlier meetings
Mutual fund votes, meeting of 24 Feb 2026, 13 fund houses
Approval for re-appointment of Dr. Ritu Niraj Anand (DIN: 00363699) as an Independent Director of the Company for the second term of five years from March 15, 2026 to March 14, 2031 (both days inclusive)MoreLess
13 for0 againstApproval for re-appointment of Dr. Vikram Jit Singh Chhatwal (DIN: 01606329) as the Chairman and Whole-Time Director of the Company for a further period of five years with effect from March 01, 2026 to February 28, 2031 (both days inclusive)MoreLess
Against Edelweiss Mutual Fund, Motilal Oswal Mutual Fund
- Edelweiss Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of the proposed director. Governance concern: Holding a combined position of Executive Director and Chairman may lead to the concentration of power in the hands of single person.
11 for2 against- Approval of remuneration payable to Dr. Vikram Jit Singh Chhatwal (DIN: 01606329), Chairman and Whole-Time Director of the Company for a period not exceeding three years effective from March 01, 2026
Against Edelweiss Mutual Fund, Motilal Oswal Mutual Fund
- Edelweiss Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of the proposed director. Governance concern: Holding a combined position of Executive Director and Chairman may lead to the concentration of power in the hands of single person.
11 for2 against Approval for re-appointment of Mr. Satish V N Gidugu (DIN: 06643677) as the Whole-Time Director and Chief Executive Officer of the Company for a further period of five years with effect from March 01, 2026 to February 28, 2031 (both days inclusive)MoreLess
13 for0 againstApproval of remuneration payable to Mr. Satish V N Gidugu (DIN: 06643677), Whole-Time Director and Chief Executive Officer of the Company for a period not exceeding three years effective from March 01, 2026MoreLess
13 for0 against
Mutual fund votes, meeting of 23 Sep 2025, 14 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt-a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors thereonMoreLess
14 for0 against- To re-appoint a Director in place of Mr. Satish V N Gidugu who retires by rotation and being eligible, offers himself for re-appointment14 for0 against
- Approval of payment of commission to Independent Directors of the Company14 for0 against
- Approval for aligning the limit for creating mortgages/ charges on the assets of the Company under Section 180(1)(a) with Section 180(1)(c) of the Companies Act, 20134 for0 against
- Approval for appointment of M/s. BMP & Co. LLP as Secretarial Auditor of the Company14 for0 against
1 proposal not matched to one resolution
To hypothecate/ mortgage/ pledge and/or create charge on all or any immovable and movable properties of the Company both present and future or the whole or substantially the whole of the undertaking(s) of the Company in favor of the Banks/ Financial Institutions/ Companies/any other lenders and trustees for the holders of Debentures/ Bonds/ other instruments and/or any issue of Non-Convertible Debentures and/or Compulsorily or Optionally, Fully or Partly Convertible Debentures and/or Bonds (including FCCBs), and/or any other Non-Convertible and/or other Partly/ Fully Convertible instruments/securities or for securing the repayment of the fund and/or non-fund based credit facilities availed or to be availed by the Company or its subsidiary(ies), in one or more tranches or obtaining any other facility, together with interest, costs, charges, expenses and any other monies payable by the Company, provided that the maximum extent of the indebtedness secured by properties of the Company does not exceed Rs. 100 Crore or the aggregate of paid-up share capital of the Company and its free reserves, whichever is higher.MoreLess
10 for0 against
Mutual fund votes, meeting of 4 Sep 2025, 14 fund houses
- ISSUE OF EQUITY SHARES OF THE COMPANY ON A PREFERENTIAL BASIS14 for0 against
Mutual fund votes, meeting of 30 Apr 2025, 13 fund houses
- APPOINTMENT OF MR. ASHWIN RAGHAV (DIN: 10908920) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY13 for0 against
Mutual fund votes, meeting of 28 Dec 2024, 12 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Appointment of Ms. T.L. Alamelu (DIN: 07628279) as a Non-Executive Independent Director of the Company12 for0 against
- Appointment of Mr. Narain Duraiswami (DIN: 03310642) as a Non-Executive Independent Director of the Company12 for0 against
- Appointment of Mr. Madhavan Ganesan (DIN: 01674529) as a Non-Executive Independent Director of the Company12 for0 against
- To make investments, give loans, guarantees and security in excess of limits specified under section 186 of the Companies Act, 2013
Against Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, HSBC Mutual Fund, ICICI Prudential Mutual Fund, Invesco Mutual Fund, Sundaram Mutual Fund
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual FundCompliant with Law. Governance & Transparency Concern: Inadequate disclosures w.r.t. the particulars of the proposed loans/ investments/ guarantee transactions; Enabling approval.
- HDFC Mutual FundThere are no granular details including names of these companies, the nature and size of their operations and terms of support, to justify the transaction limit sought and to enable shareholders to make an informed decision.
- HSBC Mutual FundThere is insufficient disclosure of relevant information.A vote AGAINST this resolution warranted given lack of information on the entities to which the company wouldbe extending the loans, guarantee or subscribing to the securities.
- ICICI Prudential Mutual FundAs per the thresholds under Section 186, the company has an automatic limit of Rs. 1.78 bn as on 30 September 2024. The Company proposes to increase its limits under Section 186 to Rs. 5.0 bn, which is about 2.8x the current automatic limit. The current loan and investments of the company are within the limits specified under the companies Act 2013. The Company seeks to provide financial support by deploying capital in group companies or investments of excess cash in financial instruments and other body corporates, for future growth of the company. While the company has primarily invested in wholly owned subsidiaries in the past, this is an enabling approval, and it allows the company to provide financial support to promoter entities and companies with common directorships. The Company is seeking blanket approval & no details on how they will allocate the amounts. Since there is no clarity, the AMC has voted aainst thr resolution.
- Invesco Mutual FundAs per the thresholds under Section 186, the company has an automatic limit of Rs. 1.78 bn as on 30 September 2024. The company proposes to increase its limits under Section 186 to Rs. 5.0 bn, which is about 2.8x the current automatic limit. The current loan and investments of the company are within the limits specified under the companies Act 2013. The company seeks to provide financial support by deploying capital in group companies or investments of excess cash in financial instruments and other body corporates, for future growth of the company. While the company has primarily invested in wholly owned subsidiaries in the past, this is an enabling approval, and it allows the company to provide financial support to promoter entities and companies with common directorships. We believe the company must disclose granular details including names of these companies, the nature and size of their operations and terms of support, to justify the transaction limit sought and to enable shareholders to make an informed decision. In the absence of these disclosures, we are unable to support this resolution. This is in line with our ESG framework.
- Sundaram Mutual FundAs per the thresholds under Section 186, the company has an automatic limit of Rs. 1.78 bn as on 30 September 2024. The company proposes to increase its limits under Section 186 to Rs. 5.0 bn, which is about 2.8x the current automatic limit. The current loan and investments of the company are within the limits specified under the companies Act 2013. The company seeks to provide financial support by deploying capital in group companies or investments of excess cash in financial instruments and other body corporates, for future growth of the company. While the company has primarily invested in wholly owned subsidiaries in the past, this is an enabling approval, and it allows the company to provide financial support to promoter entities and companies with common directorships. We believe the company must disclose granular details including names of these companies, the nature and size of their operations and terms of support, to justify the transaction limit sought and to enable shareholders to make an informed decision. In the absence of these disclosures, we are unable to support this resolution.
3 for8 against
1 proposal not matched to one resolution
To, inter alia, (a) give any loan to any person(s) or other body corporate(s), (b) give any guarantee or provide security in connection with a loan to any person(s) or other body corporate(s) and (c) acquire by way of subscription, purchase or otherwise, securities of any other body corporate from time to time in one or more tranches as the Board of Directors as in their absolute discretion deem beneficial and in the interest of the Company, including the aggregate of the loans and investments so far made, the amount for which guarantees or securities so far provided to or in all other body corporate along with the investments, loans, guarantees or securities proposed to be made or given by the Company, from time to time, in excess of the limits prescribed under section 186 of the Companies Act, 2013 up to an aggregate sum of Rs. 500 Crore.MoreLess
1 for0 against
Mutual fund votes, meeting of 20 Sep 2024, 10 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Adoption of financial statements for the financial year ended March 31, 202410 for0 against
- To declare a final dividend of Rs. 4/- (Rupees Four only) per Equity Share of face value of Rs.5/- (Rupees Five only) for the financial year ended March 31, 2024.10 for0 against
- Appointment of Mr. Vishal Vijay Gupta (DIN: 01913013), Non-Executive Nominee Director, liable to retire by rotation10 for0 against
- To approve payment of commission to Independent Directors of the Company.10 for0 against
- To consider and approve Shifting of Registered Office of the Company.10 for0 against
1 proposal not matched to one resolution
- Accept Standalone Financial Statements and Statutory Reports1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesOct 2025, checked by CARE Ratings Limited | 198.00 | For undertaking investment in Medi Assist Insurance TPA Pvt. Limited, a wholly-owned material subsidiary of the Company (“Subsidiary”), in the form of equity/quasi equity, debt/loan instruments, which will be utilized by the Subsidiary to prepay/repay, in full or part, all or a portion of certain outstanding borrowings availed by the Subsidiary from banks, nonbanking finance companies and other lenders, if any. (“Investment in Subsidiary for Debt Prepayment/ Repayment”) | 150.00 | 148.40 | No | Audit committee: There is no deviation/variation in use of funds raised. Proceeds from Investment in Mutual Funds of Rs.7.50 crore were credited to the monitoring account on 29-06-2026. This redemption was made for the purpose approved by the Board. This Rs.7.5 crore was transferred to the current account of the company for the purpose approved by the board. Documents were submitted to Bank for payment on 29-06-2026. Since this transaction involves forex payments, debit from our account took 2~3 days once the money got credited to our account. Out of Rs.7.5 crore, Rs.4.72 crore got debited on 30-06-2026 and balance Rs.2.78 crore got debited on 01-07-2026 morning. Funds lying in current account were used for approved purpose only.MoreLess |
| Preferential IssuesOct 2025, checked by CARE Ratings Limited | 198.00 | Up to 25% (twenty-five percent) of the Issue Proceeds will be utilised for general corporate purposes, which includes, inter alia, meeting ongoing general corporate exigencies and contingencies, expenses and investments of the Company as applicable in such a manner and proportion as may be decided by the Board from time to time, and/or any other general purposes as may be permissible under applicable laws (“General Corporate Purposes”) | 48.00 | 4.72 | No | Audit committee: There is no deviation/variation in use of funds raised. Proceeds from Investment in Mutual Funds of Rs.7.50 crore were credited to the monitoring account on 29-06-2026. This redemption was made for the purpose approved by the Board. This Rs.7.5 crore was transferred to the current account of the company for the purpose approved by the board. Documents were submitted to Bank for payment on 29-06-2026. Since this transaction involves forex payments, debit from our account took 2~3 days once the money got credited to our account. Out of Rs.7.5 crore, Rs.4.72 crore got debited on 30-06-2026 and balance Rs.2.78 crore got debited on 01-07-2026 morning. Funds lying in current account were used for approved purpose only.MoreLess |