Medi Assist Healthcare Extends Up To INR500 Million Loan to Wholly-Owned Arm

MT Newswires Live

2025/02/06

Medi Assist Healthcare Services (NSE:MEDIASSIST, BOM:544088) has agreed to extend a loan of up to 500 million Indian rupees to its wholly-owned subsidiary Medi Assist Insurance TPA, according to a Wednesday filing to the Indian stock exchanges.

The loan will be extended at an interest rate of 8.5% per annum, compounded on an annual basis.

Price (INR): ₹573.70, Change: ₹+2.7, Percent Change: +0.47%

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