Approval for execution of Room Block & Service License Agreement and Capacity Addition through Establishment of Integrated Wellness Centre at Ajna Resorts, Manali.

Date: 04th August, 2026 To, To, Manager - Listing Compliance Head – Listing Operations National Stock Exchange of India Corporate Relationship Limited ‘Exchange Plaza’. C-1, Block Department, G, BSE Limited Bandra Kurla Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Mumbai - 400 051 Dalal Street, Mumbai 400001 SYMBOL: JSLL SCRIP Code: 544476 Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Approval for Execution of Room Block & Services Licence Agreement and Capacity addition through Establishment of Integrated Wellness Centre at Ajna Resorts, Manali Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), read with the applicable SEBI Master Circular(s), we wish to inform you that the Board of Directors of Jeena Sikho Lifecare Limited ("the Company") at its meeting held today, i.e 04th August 2026 has approved the execution of a Room Block & Services Licence Agreement ("Agreement") with Mr. Anil Saklani, Owner of Ajna Resorts, Manali-H.P., for establishment and operation of the Company's Wellness Centre. Upon execution of the Agreement, the Company will be granted licence rights to establish, operate and manage the Wellness Centre within the Licensed premises at Ajna Resorts for providing Ayurveda, Panchakarma and wellness services in accordance with the terms and conditions of the Agreement. The proposed arrangement will also result in a significant expansion of the Company's wellness infrastructure and service capacity through the establishment of the aforesaid integrated Wellness Centre at Ajna Resorts, Manali- H.P. Sr. Address Proposed Timeline for Proposed Licensed Facilities No. Commencement 1. Ajna Resorts at Village The Wellness Centre is Thirty (30) luxury guest rooms, Jagatsukh, Manali, proposed to commence five (5) consultation/treatment District Kullu, Himachal operations within 60 days rooms, exclusive operational Pradesh – 175143 from the Effective Date, rights over five (5) operational spa subject to fulfilment of treatment rooms, together with the Commercial proportionate common spa area, Readiness requirements dedicated retail area and other in accordance with the allied operational facilities. Agreement. The Agreement is proposed to be entered into in the ordinary course of business and is expected to support the Company’s long-term growth, enhance operational scalability and contribute positively to revenue generation. Details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 and HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 are enclosed herewith as Annexure A and Annexure B. The Meeting of the Board of Directors of the Company commenced at 4:30 P.M. (IST) and concluded at 5:00 P.M. (IST). The said information will also be uploaded on the website of the Company at www.jeenasikho.com. You are requested to take the above information on record. Thanking you, Yours faithfully, For Jeena Sikho Lifecare Limited Manish Grover Managing Director DIN: 07557886 Place: Zirakpur, Punjab Date: 04.08.2026 Annexure A Details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 and HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. S. Particulars Details 1. Name of the entity(ies) with whom Mr. Anil Saklani, Owner of Ajna Resorts, Village agreement/ JV is signed; Jagatsukh, Manali, District Kullu, Himachal Pradesh. 2. area of agreement/JV; Strategic collaboration for establishment and operation of an integrated premium healthcare and wellness centre at Ajna Resorts, Manali through a Room Block & Services Licence Agreement for providing Ayurveda, Preventive Healthcare, Panchakarma, Wellness Retreat and allied healthcare services. 3. domestic/international; Domestic 4. share exchange ratio / JV ratio; Not Applicable. 5. scope of business operation of Upon execution of the proposed Agreement, the agreement / JV Company shall be granted licence rights to establish operate and manage the Wellness Centre at the Licenced premises comprising guest accommodation, consultation and treatment rooms, therapy rooms, retail space and other allied areas for providing wellness and healthcare services in accordance with the terms of the Agreement. 6. details of consideration paid / The Company shall pay a Licence Fee of ₹7.66 Crore received in agreement / JV (Rupees Seven Crore Sixty-Six Lakhs only) plus applicable taxes for the Licence Term, payable in accordance with the payment terms specified under the Agreement. 7. significant terms and conditions of The Board of Directors of the Company has approved agreement / JV in brief the execution of a Room Block & Services Licence Agreement proposed to be entered into with Mr. Anil Saklani, Owner of Ajna Resorts, Manali, for establishment and operation of an integrated Wellness Centre at Ajna Resorts. Upon execution of the Agreement, the Company shall be granted licence rights to establish, operate and manage the Wellness Centre comprising thirty (30) luxury guest rooms, five (5) consultation/treatment rooms, exclusive operational rights over five (5) operational spa treatment rooms together with proportionate common spa area, dedicated retail area and other allied operational facilities for providing Ayurveda, Panchakarma, Preventive Healthcare, Wellness Retreats, Health Transformation Programmes and allied healthcare services. The proposed Agreement shall be for a licence term of eleven (11) months commencing from the Commercial Readiness Date. Upon expiry of the licence term, the Agreement shall not continue automatically, and any continuation of the commercial relationship shall be subject to execution of a fresh Room Block & Services Licence Agreement by mutual written consent of the parties. The Company shall pay a Licence Fee in accordance with the terms of the Agreement, payable in two (2) equal advance instalments at six-month intervals during each Contract Year. 8. whether the acquisition would fall No. The Agreement does not constitute a Related within related party transactions and Party Transaction. The Promoter, Promoter Group and Group Companies of the Company do not have whether the promoter/ promoter any interest. The Agreement has been executed on an group/ group companies have any arm's length basis. interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; 9. size of the entity(ies); Mr. Anil Saklani is an individual and the owner of Ajna Resorts situated at Village Jagatsukh, Manali, District Kullu, Himachal Pradesh. Since the Agreement is proposed to be executed with an individual and not with a corporate entity, the requirement relating to the size of the entity is not applicable. 10. rationale and benefit expected. The proposed Agreement enables the Company to establish and operate an integrated Wellness Centre at Ajna Resorts, Manali, thereby expanding its wellness infrastructure, strengthening its integrated healthcare and wellness offerings, increasing operational capacity and enhancing its presence in the premium wellness hospitality segment. The collaboration is expected to contribute positively towards the Company's long-term business growth, operational scalability and revenue generation. Annexure B Details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 and HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. Sr. No. Particulars Details 1 existing capacity; Not Applicable 2 Existing capacity utilization; Not Applic [Showing first 8,000 characters — download PDF for full document]