Narayana Hrudayalaya Limited has issued a regulatory clarification addressing recent media reports regarding its SMVD hospital arrangement, emphasizing that the coverage pertains to previously disclosed information rather than new material developments.

Regulatory Clarification Details

The company submitted its clarification on March 27, 2026, pursuant to Regulation 30(11) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The clarification specifically addresses two media articles published in mainstream outlets regarding the SMVD Narayana Superspecialty Hospital arrangement.

Business Transfer Agreement Implementation

Narayana Vaishno Devi Specialty Hospitals Private Limited (NVDSHPL), the company's wholly owned subsidiary, has executed a Business Transfer Agreement with Shri Mata Vaishno Devi Charitable Society. This agreement implements the hospital transition originally disclosed in March 2025.

Key Arrangement Details

• Transition Date: April 1, 2026
• NVDSHPL Role: Supervisory oversight only
• Oversight Period: Until 2033
• Transfer Entity: Shri Mata Vaishno Devi Charitable Society

Media Reports Context

The clarification addresses specific articles published on March 26-27, 2026, including reports in Daily Excelsior and Jagran's online portal. The company emphasized that these reports discuss the implementation of an arrangement already disclosed to stock exchanges, rather than announcing new material events.

Regulatory Compliance

Narayana Hrudayalaya maintains that all relevant disclosures regarding this arrangement have been properly communicated to both BSE Limited and National Stock Exchange of India Limited. The company's original disclosure from March 28, 2025, outlined the execution of the agreement between NVDSHPL and Shri Mata Vaishno Devi Charitable Society.

The clarification document was digitally signed by Sridhar S., Group Company Secretary, Legal & Compliance Officer, reinforcing the company's commitment to transparent regulatory communication and proper disclosure practices.

Narayana Hrudayalaya Limited has announced a scheduled investor meeting with institutional investors, informing both major stock exchanges as part of regulatory compliance requirements.

Meeting Details and Participants

The healthcare company has scheduled a physical group meeting with institutional investors on March 27, 2026, at 10:30 A.M. IST. The meeting participants include Premji, Magma & Arohi, with arrangements facilitated by ICICI Securities.

Regulatory Compliance

The company has submitted this intimation to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was filed on March 25, 2026, with both BSE Limited and National Stock Exchange of India Limited.

The intimation specifically references Regulation 30 read with Para A of Part A of Schedule III of the SEBI regulations, ensuring compliance with disclosure requirements for investor meetings.

Important Considerations

Narayana Hrudayalaya Limited has noted that the meeting schedule remains tentative and may be subject to changes due to exigencies on the part of analysts, investors, or the company itself. This flexibility clause allows for adjustments based on unforeseen circumstances that may affect any of the participating parties.

The notification was digitally signed by Sridhar S., Group Company Secretary, Legal & Compliance Officer, on March 25, 2026, at 22:22:43 +05'30', demonstrating the company's commitment to proper documentation and regulatory compliance in investor relations activities.