Jeena Sikho Lifecare Inks 5-Year Diagnostic Deal with Chandan Healthcare, Invests ₹42.12 Crore
Jeena Sikho Lifecare Limited has entered into a strategic partnership with Chandan Healthcare Limited, approved on October 13, 2025. The partnership includes a five-year exclusive diagnostic collaboration agreement and a significant investment. Chandan Healthcare will be the sole diagnostic partner for all Jeena Sikho's facilities. Jeena Sikho will invest up to ₹42.12 crore in Chandan Healthcare through convertible warrants. The collaboration aims to enhance diagnostic services quality and efficiency across Jeena Sikho's network.

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Jeena Sikho Lifecare Limited has made a significant move in the healthcare sector by entering into a strategic partnership with Chandan Healthcare Limited. The collaboration, approved by Jeena Sikho's board on October 13, 2025, encompasses two major components: an exclusive diagnostic collaboration agreement and a substantial investment in Chandan Healthcare.
Strategic Partnership Details
The five-year exclusive diagnostic collaboration agreement positions Chandan Healthcare as the sole diagnostic partner for all healthcare services across Jeena Sikho's existing and future facilities. This partnership aims to enhance the quality and efficiency of diagnostic services offered to Jeena Sikho's patients.
Key aspects of the collaboration include:
Aspect | Details |
---|---|
Duration | 5-year lock-in period |
Scope | Diagnostic, pathological, radiological, and allied healthcare services |
Chandan's Responsibilities | Establish and operate diagnostic centers within Jeena Sikho's facilities |
Jeena Sikho's Contributions | Provide space, utilities, and brand recognition |
Patient Benefits | Preferential or concessional diagnostic services through Chandan Healthcare cards |
Investment in Chandan Healthcare
Alongside the partnership, Jeena Sikho's board has approved a significant investment in Chandan Healthcare through a preferential issue of convertible warrants:
Investment Details | Values |
---|---|
Number of Warrants | Up to 18,00,000 |
Conversion Ratio | 1:1 (One warrant to one equity share) |
Face Value of Shares | ₹10.00 per share |
Issue Price per Warrant | ₹234.00 |
Total Investment | ₹42.12 crore |
Initial Payment | 25% at allotment |
Balance Payment | 75% at conversion |
Conversion Period | Within 18 months from allotment |
Strategic Implications
This partnership and investment strategy demonstrate Jeena Sikho's commitment to enhancing its healthcare offerings. By collaborating with Chandan Healthcare, Jeena Sikho aims to provide standardized, high-quality diagnostic services across its network. The investment in Chandan Healthcare further solidifies this partnership and potentially allows Jeena Sikho to benefit from Chandan's growth in the diagnostic sector.
The move is likely to strengthen Jeena Sikho's position in the healthcare market by offering integrated services and potentially improving patient care through advanced diagnostic capabilities. It also reflects a trend in the healthcare industry towards strategic partnerships that combine complementary strengths to enhance overall service quality and operational efficiency.
As the healthcare landscape continues to evolve, such collaborations may become increasingly common, with companies seeking to create comprehensive ecosystems that can provide end-to-end patient care solutions.
Historical Stock Returns for Jeena Sikho Lifecare
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.75% | +1.62% | -4.07% | -66.78% | -50.90% | +344.39% |