Jeena Sikho Lifecare Limited has announced the grant of 2,18,875 employee stock options to 1,176 eligible employees under its ESOP 2025 scheme. The Nomination and Remuneration Committee of the Board of Directors approved this grant on January 1, 2026, marking a significant step in the company's employee incentivization strategy aimed at employee motivation and long-term value creation.

ESOP Grant Details

The comprehensive employee stock option grant encompasses substantial participation across the organization. The scheme demonstrates the company's commitment to employee motivation and long-term value creation through equity participation.

Regulatory Compliance and Structure

The ESOP 2025 scheme operates in full compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and other applicable laws. Each stock option, upon exercise, will convert into one fully paid-up equity share of face value ₹2.00 each, providing employees with direct ownership stakes in the company.

The exercise period will commence from the date of vesting and expire upon completion of one year from the vesting date. This structure provides employees with a defined timeframe to exercise their options while maintaining alignment with company performance objectives.

Share Rights and Benefits

Shares arising from the conversion of these options will rank pari passu with all other existing equity shares of the company. This ensures that employees exercising their options receive full shareholder rights and benefits equivalent to other equity holders.

The grant represents a strategic initiative to retain talent and align employee interests with long-term company growth. The substantial number of beneficiaries across 1,176 employees indicates broad-based participation in the company's equity growth potential.

Implementation Timeline and Disclosure

The formal disclosure was made pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has fulfilled all regulatory requirements for the grant announcement, with Managing Director Manish Grover signing the official communication from the company's Zirakpur, Punjab location.

This ESOP grant establishes a foundation for employee engagement through equity participation while maintaining compliance with all applicable securities regulations and disclosure requirements.

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:

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.