Jeena Sikho Lifecare Ltd has approved the appointment of four new directors and a new company secretary to strengthen its leadership team. The decisions were taken during a board meeting held on July 15, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mrs. Smita Chaturvedi has resigned from her position as Company Secretary and Compliance Officer, a Key Managerial Personnel (KMP) role, effective the close of business hours on July 14, 2026. She tendered her resignation to pursue alternate career opportunities outside the organization. Consequently, the board appointed Ms. Priya Goyal (Membership No. ACS-71180) as the new Company Secretary and Compliance Officer as well as KMP with effect from July 15, 2026.

The board also approved the appointment of three additional independent directors. Mr. Ajay Sharma (DIN: 07671350) was appointed as an Additional Director in the Non-Executive Independent Category. Mrs. Sapna Singh (DIN: 11812894) was appointed as an Additional Director in the Non-Executive Women Independent Director category. Both appointments are effective July 15, 2026, and will continue until the conclusion of the next general meeting. Their tenures are proposed to be regularized for two consecutive years from July 15, 2026, to July 14, 2028, subject to shareholder approval.

In the executive category, the board appointed Dr. Ish Sharma (DIN: 11815526) and Mr. Ankush Kaushal (DIN: 03308862) as Additional Directors and Whole Time Directors (KMP). Their appointments are effective July 15, 2026, and will remain until the ensuing general meeting. The regularization of their roles as Whole Time Directors for a tenure of two years from July 15, 2026, to July 14, 2028, is subject to the approval of the shareholders.

Summary of Appointments

The company confirmed that none of the newly appointed directors are debarred from holding the office of director by any order passed by the Securities and Exchange Board of India or any other authority. The board meeting commenced at 3:30 P.M. IST and concluded at 4:30 P.M. IST.

Jeena Sikho Lifecare Limited’s board has approved the sale of land and building situated in Village Devinagar, Tehsil Derabassi, District S.A.S. Nagar (Mohali), Punjab to M/s VSB Enterprises for an aggregate consideration of ₹9,05,00,000. The transaction, approved on June 19, 2026, involves a property admeasuring approximately 11 Bigha 02 Biswa 13 Biswasi. The company will continue to occupy the premises under a lease arrangement to ensure no disruption to business operations.

The land and building are currently utilized for the company's business operations and generated revenue of ₹46.47 crores during the financial year ended March 31, 2026. This amount represents approximately 6% of the company's total revenue from operations for that period. The carrying value of the asset as on March 31, 2026, was approximately ₹3.35 Crores, accounting for roughly 0.72% of the company's net worth.

Transaction Details

The sale is aimed at monetizing the asset while maintaining operational continuity through a lease-back agreement. The definitive transaction documents are yet to be executed. The purchaser, M/s VSB Enterprises, is a partnership firm based in Chandigarh and is not related to the promoter, promoter group, or group companies of Jeena Sikho Lifecare Limited.

Regulatory and Operational Impact

The proposed sale does not constitute the disposal of an undertaking or substantially the whole of an undertaking under Section 180(1)(a) of the Companies Act, 2013. Consequently, the transaction will not result in the closure or discontinuation of any business divisions. The board meeting, where the approval was granted, commenced at 5:30 PM and concluded at 8:30 PM on June 19, 2026.