Date: 6 November 2026

Loan Conversion to Equity in Subsidiary

Target Entity: Sri Sainatha Multispeciality Hospitals Private Limited

Type of Deal: Internal capital restructuring through conversion of pre-existing loan to equity

Stake/Capacity: Conversion maintains 100% ownership of the subsidiary. The company will receive 10,24,62,779 equity shares of face value ₹10 each.

Deal Value: ₹102.46 Crore (loan amount being converted)

Funding Source: Existing loan extended by the company to its subsidiary

Financial Impact: No change in ownership or control. The transaction represents internal capital restructuring without fresh fund infusion.

Timeline: Expected completion within 3 months

Strategic Rationale: Internal capital restructuring of the wholly owned subsidiary

Approval Status: Board approved on 6 November 2026

Reference Regulation: SEBI Regulation 30 of Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Agreement Termination

Nature of Update: Termination/closure of Operation & Management Services Agreement (dated 4 March 2016) and Medical Services Agreement (dated 1 April 2026) with DM Education and Research Foundation (DMERF)

Financial Impact: The operations undertaken pursuant to these agreements contributed 0.40% of the total revenue of the group during the last financial year.

Strategic Rationale: In line with corporate governance priorities, efforts are being made to reduce related party transactions within the Group. The closure of both agreements will eliminate the ongoing stream of RPTs with DMERF.

Approval Status: Termination proposed to be effected by mutual consent of the parties, subject to execution of necessary termination/closure documents and settlement of respective rights, obligations and outstanding dues

Timeline: Expected completion date - 6 November 2026

Additional Information

The Board Meeting commenced at 01:35 PM (IST) and concluded at 04:45 PM (IST) on 6 November 2026.

The company will seek shareholder approval for special business through Postal Ballot, with the Notice of Postal Ballot to be sent to shareholders and stock exchanges in due course.