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Medi Assist Subsidiary Searched by Enforcement Directorate Amid Health Scheme Probe

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Medi Assist Subsidiary Searched by Enforcement Directorate Amid Health Scheme Probe

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Medi Assist Healthcare Services Limited ( (IN:MEDIASSIST) ) has provided an update.

Medi Assist Healthcare Services Limited announced that the Directorate of Enforcement conducted a search and seizure operation at the offices of its subsidiary, Medi Assist Insurance TPA Private Limited, in Ranchi, Jharkhand. This action was part of an investigation into alleged irregularities in Ayushman Bharat linked health schemes. The company reported that the operations and financials remain unaffected, and it continues to uphold high standards of integrity and compliance.

More about Medi Assist Healthcare Services Limited

Medi Assist Healthcare Services Limited operates in the healthcare industry, primarily focusing on providing third-party administration services for health insurance schemes. The company is involved in administering the Ayushman Bharat linked health scheme in Jharkhand through its wholly owned subsidiary, Medi Assist Insurance TPA Private Limited.

YTD Price Performance: -20.59%

Average Trading Volume: 26,411

Current Market Cap: 34.21B INR

For detailed information about MEDIASSIST stock, go to TipRanks’ Stock Analysis page.

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