Medi Assist Healthcare Services Limited has issued a corrigendum to the notice of its 25th Annual General Meeting (AGM), scheduled to be held on Tuesday, September 23, 2025, at 10:30 A.M. (IST) through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The corrigendum serves as a clarification and forms an integral part of the AGM notice circulated to shareholders on August 30, 2025.

The primary change pertains to Item No. 4 of the AGM agenda, which seeks shareholders’ approval for aligning the limits for creating mortgages and charges on the assets of the Company under Section 180(1)(a) of the Companies Act, 2013, with the borrowing limits under Section 180(1)(c). The original resolution included references to mortgages or charges on assets of associate or group companies. The corrigendum removes these references, clarifying that the Company will only create mortgages or charges on its own assets and not on those of associate or group companies.

The revised special resolution now authorizes the Board of Directors to hypothecate, mortgage, pledge, or create charges on any immovable or movable properties of the Company, including the whole or substantially the whole of its undertakings, in favor of banks, financial institutions, lenders, debenture trustees, or any other parties, for securing repayment of fund-based or non-fund-based facilities. The maximum indebtedness secured by such mortgages or charges is capped at Rs. 100 crore or the aggregate of the paid-up share capital and free reserves, whichever is higher.

Furthermore, any Director or the Company Secretary is authorized to finalize agreements, execute deeds, and take all necessary actions to implement the resolution. The corrigendum emphasizes that all other contents of the AGM notice remain unchanged.

This update has been disseminated electronically to all members through registered email addresses and will also be available on the Company’s website https://www.mediassist.in/investor-relations/ as well as on the websites of BSE Limited and the National Stock Exchange of India Limited.

By issuing this corrigendum, Medi Assist Healthcare ensures transparency and compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, allowing shareholders to make informed decisions regarding the proposed resolution during the AGM. The clarification also underscores the Company’s commitment to good corporate governance and responsible financial management.

The revised resolution is expected to be approved by shareholders during the AGM, enabling the Company to effectively manage its borrowing limits while adhering to statutory requirements. This step reinforces Medi Assist Healthcare’s focus on financial prudence and regulatory compliance, key aspects that support long-term value creation for investors and stakeholders alike.

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