The company has entered into Memorandum of Understanding as per the attached disclosure

08 August 2026 BSE Limited Phiroze Jeejebhoy Towers, Dalal Street, Mumbai – 400001 Script Code: 543346 Dear Sir / Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Intimation of Memorandum of Understanding Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“LODR Regulations”), we wish to inform that the Company has on 07 August 2026 has entered into Memorandum of Understanding with Rhythm Medical Stores, Rhythm Multispeciality Hospital, Cardioplus Health Care and Rhythm Medical & Heart Hospital for Strategic Partnership. In compliance with the SEBI Listing Regulations and Securities and Exchange Board of India Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026 (as amended), the details of Memorandum of Understanding entered is provided in Annexure – I enclosed herewith. We request you to take this intimation on your records. Thanking you, Yours faithfully, For, Aashka Hospitals Limited Bipinchandra D. Shah Chairman & Managing Director DIN: 009348108 Annexure – I Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Particulars Details 1) Rhythm Medical Stores Name(s) of the parties with whom the 2) Rhythm Multispeciality Hospital agreement is entered 3) Cardioplus Heart Care 4) Rhythm Medical & Heart Hospital 5) Aashka Hospitals Limited The Memorandum of Understanding is entered between the parties for the strategic arrangement for restructuring of Rhythm Medical Stores, Rhythm Multispeciality Hospital, Cardioplus Purpose of entering into the agreement heart Care and Rhythm Medical & Heart Hospital into one single company, where in Aashka Hospitals Limited would have the majority controlling stakes. Size of agreement N. A. Aashka Hospital Limited would be holding 70% of total voting rights and capital into newly entity Shareholding, if any, in the entity with after the restricting of Rhythm Medical Stores, whom the agreement is executed Rhythm Multispeciality Hospital, Cardioplus heart Care and Rhythm Medical & Heart Hospital into one single company. The Aashka Hospitals Limited shall have the 70% Significant terms of agreement (in brief) holding, control and voting rights in the newly special rights like right to appoint emerged company after the strategic directors, first right to share restructuring. Upon the said acquisition of 70% subscription in case of issuance of holding, control and voting rights, Aashka shares, right to restrict any change in Hospitals shall have control the majority of capital structure, etc. decision and board of directors in the newly emerged company. Whether, the said parties are related to promoter / promoter group / group There is no primary relationship between the companies in any matter. If yes, nature parties to the Memorandum of Understanding of relationship The proposed transaction does not fall within the Whether the transaction would fall related party transaction. However, after the within related party transactions? If yes, strategic restructuring into a newly emerged whether the same is done at “arm’s entity, the newly emerged entity would be the length” related party to Aashka Hospitals Limited In case of issuance of shares to the Presently no shares are being proposed to be parties, details of issue price, class of issued to Aashka Hospitals Limited. However, shares issue after the completion of strategic restructuring, Aashka Hospitals Limited would acquire 70% Equity Shares or voting rights from the existing shareholders of the newly emerged entities at a price determined through valuation during the transaction date. In case of Loan agreements, details of lender / borrower, nature of the loan, total amount of loan granted / taken, total amount outstanding, date of execution of the loan agreement / sanction letter, details of the securities Not Applicable provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis Any other disclosures related to such agreements, viz. details of nominee on the board of directors of the listed entity, Not applicable potential conflict of interest arising out of such agreements, etc. In case of termination or amendment of agreement, listed entity shall disclose additional details: 1) Name of parties to the agreement 2) Nature of agreement Not applicable 3) Date of execution of the agreement 4) Details of amendment and impact thereof or reasons of termination and impact thereof.