Jeena Sikho Lifecare Expands Wellness Infrastructure in Manali
Jeena Sikho Lifecare Limited's Board of Directors has approved the execution of a Room Block & Service License Agreement with Mr. Anil Saklani, owner of Ajna Resorts, Manali. This agreement allows the company to establish and operate an integrated Wellness Centre at Ajna Resorts, offering Ayurveda, Panchakarma, and wellness services. The expansion includes thirty luxury guest rooms, five consultation/treatment rooms, and operational rights over five spa treatment rooms. The company will pay a license fee of ₹7.66 Crore plus applicable taxes. This initiative is expected to enhance operational scalability and contribute to revenue generation, with operations commencing within 60 days from the effective date.
Key Highlights
- Jeena Sikho Lifecare to establish integrated Wellness Centre at Ajna Resorts, Manali.
- Agreement includes 30 luxury rooms and 5 consultation/treatment rooms.
- License fee of ₹7.66 Crore plus taxes to be paid.
- Expansion aims to boost operational scalability and revenue.
- Operations expected to start within 60 days of the effective date.
Price Impact
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