Shardul Amarchand Mangaldas Advises Medi Assist on INR 198 Crore Preferential Equity Fundraise

Shardul Amarchand Mangaldas & Co. advised Medi Assist Healthcare Services Limited in a preferential equity fundraise that saw equity allotted to Massachusetts Institute of Technology and 238 Plan Associates LLC. New Delhi | 18th December 2025: The transaction comprised an approximately INR 198 crore fundraise by Medi Assist Healthcare Services Limited through a preferential issue of fully paid-up equity shares to the Investors. The allotment was made on a preferential basis to qualified institutional buyers who are SEBI-registered foreign portfolio investors. Following the Preferential Issue, Massachusetts Institute of Technology and 238 Plan Associates LLC hold 3.86% and 1.08%, respectively, of the total share capital of Medi Assist. IIFL Capital Services Limited acted as the financial advisor to the transaction. Shardul Amarchand Mangaldas & Co. represented client(s) Medi Assist Healthcare Services Limited with a team composed by: Prashant Gupta, National Practice Head – Capital Markets; Devesh Pandey, Partner; Jasmine Khan, Senior Associate; Anushka Ganguli, Associate; and Sourav Paul, Associate.

Shardul Amarchand Mangaldas Advises Medi Assist on INR 198 Crore Preferential Equity Fundraise

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