Jeena Sikho Lifecare executes ₹7.66 crore Manali wellness licence deal
Jeena Sikho Lifecare formally executed a ₹7.66 crore Room Block & Services Licence Agreement with Mr. Anil Saklani of Ajna Resorts on August 5, 2026. The deal enables the establishment of an integrated wellness centre in Manali, involving 30 luxury rooms and spa facilities, financed through internal accruals.

*this image is generated using AI for illustrative purposes only.
Jeena Sikho Lifecare has formally executed the Room Block & Services Licence Agreement for its integrated wellness centre in Manali, Himachal Pradesh, on August 5, 2026. The deal, valued at ₹7.66 crore plus applicable taxes, was approved by the Board of Directors on August 4, 2026, and signed with Mr. Anil Saklani, owner of Ajna Resorts. This execution confirms the company’s expansion into premium wellness hospitality without capital expenditure on property acquisition.
The agreement grants Jeena Sikho Lifecare operational rights over thirty luxury guest rooms, five consultation/treatment rooms, and five exclusive spa treatment rooms at Ajna Resorts in Village Jagatsukh. Operations are scheduled to commence within 60 days of the Effective Date, subject to Commercial Readiness requirements. The transaction is classified as being in the ordinary course of business and is not a related party transaction.
Key Terms of the Executed Agreement
The licence term is set for eleven months from the Commercial Readiness Date. The fee structure requires two equal advance instalments paid at six-month intervals during each Contract Year. Financing will be sourced through internal accruals.
| Particulars | Details |
|---|---|
| Counterparty | Mr. Anil Saklani, Owner of Ajna Resorts |
| Location | Village Jagatsukh, Manali, District Kullu, Himachal Pradesh |
| Licence Fee | ₹7.66 Crore plus applicable taxes |
| Licence Term | Eleven (11) months from Commercial Readiness Date |
| Payment Terms | Two equal advance instalments at six-month intervals |
| Financing Mode | Internal Accruals (Owned Funds) |
Strategic Impact on Infrastructure
This capacity addition strengthens Jeena Sikho Lifecare’s integrated healthcare offerings by entering the premium wellness retreat market. The company currently operates over 120 Ayurveda clinics and hospitals. The Manali centre will serve as a dedicated hub for health transformation programmes, leveraging the resort’s existing infrastructure. By utilising a licence model, the company avoids heavy capex while rapidly scaling its service footprint in a high-demand tourist destination.
Regulatory disclosures were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details have been uploaded to the company’s website for stakeholder reference.
Historical Stock Returns for Jeena Sikho Lifecare
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.75% | -0.42% | -7.15% | -22.02% | -28.05% | +197.17% |
How will the seasonal nature of Manali tourism impact the revenue stability of the wellness centre during the 11-month licence term?
What specific health transformation programmes will Jeena Sikho Lifecare prioritize to differentiate this premium retreat from standard hospitality offerings?
Could this successful asset-light licensing model in Manali serve as a template for rapid expansion into other high-demand tourist destinations in India?


































