Jeena Sikho Lifecare Expands Hospital Network Under Niva Bupa Empanelment
Jeena Sikho Lifecare Limited has executed an addendum with Niva Bupa Health Insurance Company Limited, expanding its empanelment arrangement to include additional hospital units across 20 locations nationwide. The addendum updates applicable tariff and commercial terms for newly empanelled units while maintaining existing terms for other facilities. The expanded network covers key cities across Punjab, Rajasthan, Maharashtra, Delhi NCR, Uttar Pradesh, and other states, enhancing accessibility for Niva Bupa policyholders.
*this image is generated using AI for illustrative purposes only.
Jeena Sikho Lifecare Limited has strengthened its healthcare network by executing an addendum to its existing empanelment arrangement with Niva Bupa Health Insurance Company Limited. The development, announced on December 26, 2025, represents a continuation of the company's earlier empanelment arrangement that was initially established in January 2024.
Expanded Network Coverage
The addendum brings additional hospital units of the company under Niva Bupa's insurance network, with updated applicable tariff and commercial terms specifically for these newly empanelled units. All other terms and conditions of the existing empanelment arrangement remain unchanged, ensuring continuity in service delivery.
Comprehensive Geographic Presence
The empanelment covers Jeena Sikho Lifecare's extensive network of 20 hospital locations across multiple states:
| State | Locations | Key Cities |
|---|---|---|
| Punjab | 3 locations | Derabassi, Amritsar, Chandigarh |
| Rajasthan | 4 locations | Kota, Ajmer, Jodhpur, Udaipur, Jaipur |
| Maharashtra | 3 locations | Navi Mumbai, Thane, Andheri |
| Delhi/NCR | 3 locations | Safdarjung, Multan Nagar, Gurugram |
| Uttar Pradesh | 2 locations | Murad Nagar, Lucknow |
| Other States | 5 locations | Bhopal (MP), Bangalore (Karnataka), Ahmedabad (Gujarat), Hyderabad (Telangana) |
Strategic Hospital Locations
The empanelled facilities span key metropolitan and tier-2 cities, providing comprehensive coverage across North, West, and South India. Notable locations include:
- Punjab Operations: Facilities in Derabassi along Chandigarh-Delhi Highway, Amritsar's Ranjeet Avenue, and Chandigarh's Sector 39A
- Rajasthan Network: Strategic presence in major cities including Kota's Talwandi area, Ajmer's Mayo Link Road, and Jodhpur's AIIMS Road vicinity
- Maharashtra Presence: Operations in Navi Mumbai's MIDC area, Thane West's Station Road, and Andheri West near Oshiwara Metro Station
- Delhi NCR Coverage: Facilities in Safdarjung Enclave, New Multan Nagar opposite Metro Pillar No. 223, and Gurugram's South City
Regulatory Compliance
The company has confirmed that the addendum was entered into during the ordinary course of business and does not involve any related party transactions. The arrangement does not constitute a material event beyond the disclosure requirements under Regulation 30 of the SEBI (LODR) Regulations, 2015.
Business Impact
This expanded empanelment arrangement enhances Jeena Sikho Lifecare's accessibility to Niva Bupa's policyholders across its network of 120 Ayurveda clinics and 8 hospitals. The updated tariff structure for newly empanelled units is expected to optimize revenue realization while maintaining service quality standards across the expanded network.
Historical Stock Returns for Jeena Sikho Lifecare
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.76% | -4.28% | -3.77% | +59.63% | -68.46% | +292.64% |
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