Medi Assist buyback record date: 20 November 2026
Medi Assist Healthcare Services Limited has fixed Friday, 20 November 2026 as the record date for a buyback of up to 11,59,199 equity shares at Rs 425 per share through the tender offer route.
Published 13 November 2026 · Potoos Research Services
The short answer. The Medi Assist buyback record date is Friday, 20 November 2026. The board approved a buyback of up to 11,59,199 fully paid-up equity shares at Rs 425 per share, for up to Rs 49,26,59,575 in total. Shareholders holding shares on the record date are eligible to take part.
The buyback in the company filing
A buyback is when a company pays cash to purchase its own shares from shareholders. In a "tender offer" buyback, the company makes one offer to all eligible shareholders at a fixed price, and those who choose to take part tender (offer) their shares through the stock exchange.
| Item | Verified detail |
|---|---|
| Company | Medi Assist Healthcare Services Limited (NSE: MEDIASSIST, BSE: 544088) |
| Route | Tender offer, using the stock exchange mechanism, on a proportionate basis |
| Shares in the buyback | Up to 11,59,199 fully paid-up equity shares of face value Rs 5 |
| Share of total equity | 1.55% of the total equity shares |
| Buyback price | Rs 425 per share, payable in cash |
| Buyback size | Up to Rs 49,26,59,575 (about Rs 49.27 crore), not counting transaction costs |
| Record date | Friday, 20 November 2026 |
| Ex-date (NSE corporate actions) | Friday, 20 November 2026 |
| Board approval | Friday, 30 October 2026 |
| Public announcement | Dated 2 November 2026, published in newspapers on 3 November 2026 |
| Promoters | Promoter and promoter group intend not to take part |
The 30 October exchange filing states that the board fixed Friday, 20 November 2026 as the record date "for determining entitlement and the names of the equity shareholders who shall be eligible to participate in the Buyback."
The record date is the date the company uses to identify which shareholders are eligible. The ex-date is the date set by the exchange from which a share trades without that entitlement attached. This page reports the published dates; it does not make a statement about whether any particular trade will qualify.
Is 20 November a trading day?
Yes. Friday, 20 November 2026 is not on NSE's 2026 holiday list. The November holidays on that list are 10 November and 24 November.
Who can take part, and the small shareholder quota
The public announcement says each eligible shareholder will receive a letter of offer with a tender form showing their entitlement. The letter of offer is the detailed offer document. It will be sent by electronic mode within 2 working days from the record date. A physical copy is available on request to the company or to the registrar for the buyback, MUFG Intime India Private Limited (formerly Link Intime India Private Limited).
The public announcement does not list the dates on which tendering opens and closes. The board resolution leaves those dates to the buyback committee, and they will be set out in the letter of offer.
The shares in the buyback are split into two categories:
- Reserved category for small shareholders. Under SEBI's buyback rules, a small shareholder holds shares worth not more than Rs 2,00,000, based on the closing price on the record date on the exchange with the highest trading volume. At least 15% of the shares in the buyback are kept for this group (or the number small shareholders are entitled to, if higher).
- General category for all other eligible shareholders.
Entitlement means the number of shares a shareholder may tender at the buyback price, worked out from their holding on the record date and the ratio for their category. Because the promoters have said they will not take part, their shares are left out when the ratio is worked out. Shares held by one person through several demat accounts with the same PAN are counted together to decide the category.
Can the price or number of shares change?
The filing says the board or its buyback committee may, up to one working day before the record date, raise the buyback price and lower the number of shares, as long as the total buyback size stays the same. The final details will be in the letter of offer.
How the price compares with recent market prices
In its board resolution, the company states that Rs 425 is a premium of 43.97% over the closing price on NSE on Friday, 30 October 2026, the day the buyback was approved. The resolution gives four other comparisons with earlier dates and averages. These are the company's own published comparisons. They say nothing about how the shares will trade later, and only shares accepted in the buyback are paid Rs 425.
What else the board approved on 30 October
The board-meeting outcome approved the results for the quarter and half year ended 30 September 2026 and the buyback, set up a buyback committee and named Ms. Rashmi BV, Company Secretary, as compliance officer for the buyback. It does not announce a dividend, bonus issue, split or fund raise.
Tax
The public announcement says the letter of offer will contain a more detailed note on taxation. This page does not cover tax.
Sources
- Medi Assist record-date and buyback filing. 30 October 2026. PDF page 1, items 1 and 3 (shares, price, size, record date) and item 4 (price revision); annexure item 2 (1.55%).
- Medi Assist board-meeting outcome. 30 October 2026. PDF page 1, items 1 to 7.
- Medi Assist public announcement and board resolution for the buyback. 3 November 2026. Cover letter (newspaper dates, promoter intention); board resolution (price comparisons, item (e)); public announcement section 12 (record date, letter of offer, small shareholders, 15% reservation) and section on taxation.
- NSE corporate actions, Medi Assist. Checked 12 November 2026. Buyback row: ex-date and record date 20 November 2026, face value Rs 5.
- NSE circular: trading holidays for the calendar year 2026. 12 December 2025. PDF page 1, holiday table, November entries.
Sources checked on 12 November 2026. Information cutoff: 12 November 2026, 21:00 IST
Common questions
What is the Medi Assist buyback record date?
Friday, 20 November 2026.
What is the Medi Assist buyback price?
Rs 425 per equity share, for up to 11,59,199 shares, with a total size of up to Rs 49,26,59,575. The board can raise the price up to one working day before the record date if it lowers the share count so the total size stays the same.
Who is a small shareholder in this buyback?
Under SEBI's buyback rules, a shareholder whose shares are worth not more than Rs 2,00,000 at the record-date closing price on the exchange with the highest trading volume. At least 15% of the buyback is reserved for this group.
When will the letter of offer be sent?
The public announcement says it will be sent by electronic mode within 2 working days from the record date.
Potoos Research, SEBI-registered Research Analyst. Registration number INH000027380. SEBI is the Securities and Exchange Board of India.