Company Disclosure
Jeena Sikho Lifecare Limited (Scrip Code: 544476, Symbol: JSLL) has received in-principle approval from BSE Limited for listing equity shares to be issued under its Employee Stock Option Scheme.
Approval Details
BSE Limited granted in-principle approval vide letter Ref. No. DCS/ESOP/IP/RD/239/2026-27 dated 22nd September 2026 for listing of up to a maximum of 6,50,000 Equity Shares of face value of ₹2 each. The approval covers shares to be issued pursuant to exercise of Options under the "Jeena Sikho Employees Stock Option Scheme, 2024" (ESOS 2024).
Previous Approval Context
The company had previously received in-principle approval from National Stock Exchange of India Limited (NSE) vide letter Ref. No. NSE/LIST/40419 dated 14th March 2024 for the same ESOP scheme, at a time when the company's shares were listed only on NSE.
Stock Split Adjustment
The original approval under ESOS 2024 was for 1,30,000 Equity Shares. Following a sub-division (stock split) of the company's Equity Shares from face value of ₹10 each to face value of ₹2 each, the approved quantity was adjusted to 6,50,000 Equity Shares of face value of ₹2 each.
Approval Conditions
The in-principle approval from BSE is subject to several conditions including:
- Notification to Exchange as per Regulation 10(c) format after share allotment
- Payment of prescribed fees
- Receipt of statutory approvals from SEBI, RBI, MCA, etc.
- Compliance with all guidelines, regulations, and directions
- Compliance with Listing Agreement conditions
- Compliance with Companies Act 1956/2013 and other applicable laws
- Submission of documents as per BSE checklist
Regulatory Framework
The approval is granted under Securities Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The shares are to be allotted to permanent employees of the Company and employees of group companies including subsidiaries and holding company.
Effective Date and Signatory
The disclosure is dated 23rd September 2026 and signed by Manish Grover, Managing Director (DIN: 07557886) from Zirakpur, Punjab.
Additional Information
The company will upload this information on its website at www.jeenasikho.com. BSE reserves the right to withdraw approval if information is found incomplete/incorrect/misleading/false or for any contravention of rules and regulations.