Shuddhi Lifecare Private Limited agreed to spin-off an unknown stake in Jeena Sikho Lifecare Limited (NSEI:JSLL) on March 22, 2023. Jeena Sikho shall issue 7 equity share for 5 equity shares held by the equity Shareholders of Shuddhi Lifecare. The Scheme of Arrangement for Demerger is approved by the board of directors of JSLL and is subject to necessary statutory and regulatory approvals including the approval of the Securities and Exchange Board of India (SEBI), Stock Exchanges, Hon'ble National Company Law Tribunal, respective shareholders and creditors, if any, of each of the companies involved in the Scheme.