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Date: 19th June, 2026
To, To,
Manager - Listing Compliance Head of the Department,
National Stock Exchange of India Department of Listing Operation,
Limited ‘Exchange Plaza’. C-1, Block BSE Limited
G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai 400001
Mumbai - 400 051 SCRIP Code: 544476
SYMBOL: JSLL
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing
Regulations”) – Sale of Land and Building
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended, we wish to inform you
that the Board of Directors of Jeena Sikho Lifecare Limited (“Company”) at its meeting held today, i.e.
June 19, 2026, has approved the sale of land and building admeasuring approximately 11 Bigha 02
Biswa 13 Biswasi, situated at Village Devinagar, Tehsil Derabassi, District S.A.S. Nagar (Mohali),
Punjab to M/s VSB Enterprises, a Partnership Firm for an aggregate consideration of ₹9,05,00,000/-
(Rupees Nine Crores Five Lakhs Only), subject to execution of definitive transaction documents and
such terms and conditions as may be mutually agreed between the parties.
The land and building proposed to be sold is presently being utilized for the business operations of the
Company. However, pursuant to the proposed sale, the Company shall continue to use and occupy the
said land and building under a lease arrangement to be entered into with the purchaser. Accordingly,
the proposed transaction will not result in closure, discontinuation or material disruption of any business
operations of the Company and the Company shall continue its operations from the said premises.
Further, the proposed sale does not constitute sale, lease or disposal of an undertaking or substantially
the whole of an undertaking of the Company within the meaning of Section 180(1)(a) of the Companies
Act, 2013
The purchaser is not related to the Promoter, Promoter Group or Group Companies of the Company
and the transaction does not fall within the ambit of Related Party Transactions. None of the Promoters,
Directors, Key Managerial Personnel or their relatives are concerned or interested, financially or
otherwise, in the aforesaid transaction.
The details with respect to the above sale as required under Regulation 30 of SEBI Listing Regulations
read with SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July, 2023 and
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A.
The above information is also available on the Company’s website www.jeenasikho.com
The Meeting of the Board of Directors of the Company commenced at 5:30 PM and concluded at
8:30 PM.
Kindly take the above intimation on record.
Thanking you,
Yours faithfully,
For Jeena Sikho Lifecare Limited
Manish Grover
Managing Director
DIN: 07557886
Place: Zirakpur, Punjab
Annexure-A
Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with the SEBI circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated
13th July, 2023 and HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sr. Items for Disclosure Description
1. The amount and percentage of the turnover The proposed transaction pertains to the
or revenue or income and net worth sale of land and building currently being
contributed by such unit or division of the utilized for the business operations of the
listed entity during the last financial year Company. The revenue generated from
the operations carried out from the said
premises during the financial year ended
March 31, 2026 amounted to ₹46.47
crores, representing approximately 6% of
the revenue from operations of the
Company as per its last audited financial
statements.
The carrying value of the land and
building proposed to be sold as on March
31, 2026 was approximately ₹3.35 Crores,
representing approximately 0.72% of the
net worth of the Company as per its last
audited financial statements.
However, pursuant to the proposed sale,
the Company shall continue to use and
occupy the said premises under a lease
arrangement to be entered into with the
purchaser. Accordingly, the proposed
transaction will not result in closure,
discontinuation or material disruption of
the business operations carried out from
the said premises and does not involve the
sale or disposal of any undertaking or
business division of the Company.
2. Details of land and building Land and building admeasuring 11 Bigha
02 Biswa 13 Biswasi, situated at Village
Devinagar, Tehsil Derabassi, District
S.A.S. Nagar (Mohali), Punjab.
3. Name(s) of parties with whom the Seller: Jeena Sikho Lifecare Limited
agreement is entered (“JSLL”)
Purchaser: M/s VSB Enterprises, a
Partnership Firm
4. Purpose of entering into the agreement Monetization of the land and building
asset of the Company while ensuring
continuity of business operations through
a lease-back arrangement with the
purchaser
5. Date on which the agreement for sale has The Board of Directors of the Company
been entered into has approved the proposed sale of the land
and building on 19th June, 2026. The
Agreement to Sell and other definitive
transaction documents are proposed to be
executed subsequently between the parties
in accordance with the terms and
conditions approved by the Board.
6. The expected date of completion of The transaction is proposed to be
sale/disposal completed upon fulfilment of conditions
precedent, payment obligations and
execution/registration of the Sale Deed.
7. Consideration received from such Aggregate sale consideration of
sale/disposal ₹9,05,00,000/- (Rupees Nine Crores Five
Lakhs Only).
8. Brief details of buyers and whether any of M/s VSB Enterprises, a Partnership Firm
the buyers belong to the promoter/promoter having its office at House No. 619, Sector-
group/group companies. If yes, details 18B, Chandigarh – 160018
thereof
The purchaser does not belong to the
Promoter / Promoter Group / Group
Company (ies) of the Company
9. Whether the transaction would fall within The transaction does not fall under the
related party transactions? If yes, whether ambit of Related Party Transaction(s).
the same is done at “arm’s length”
10. Whether the sale, lease or disposal of the The proposed transaction is not part of any
undertaking is outside Scheme of Scheme of Arrangement.
Arrangement? If yes, details of the same
including compliance with regulation 37A
of LODR Regulations
11. Additionally, in case of a slump sale, Not Applicable
indicative disclosures provided for
amalgamation/merger, shall be disclosed by
the listed entity with respect to such slump
sale.
For the purpose of this sub-clause, "slump
sale" shall mean the transfer of one or more
undertakings, as a result of the sale for a
lump sum consideration, without values
being assigned to the individual assets and
liabilities in such sales.
12. Any other significant terms of the agreement Pursuant to completion of the sale
transaction, the Company proposes to
continue using the land and building for its
business operations under a lease
arrangement to be entered into with the
purchaser, on mutually agreed terms and
conditions. Accordingly, the transaction
shall not result in closure or
discontinuation of operations at the said
premises.