Sastasundar Healthbuddy Limited to Sell 4.68% Stake to Envision India Fund for Rs. 49,99,99,528.86

Sastasundar Healthbuddy Limited (SHBL), a material subsidiary of Health X Platform Limited (formerly known as Sastasundar Ventures Limited), has executed a Share Purchase Agreement (SPA) with Mitsubishi Corporation (Seller) and Envision India Fund (Buyer). The Buyer will acquire 10,13,766 (Ten Lakh Thirteen Thousand Seven Hundred Sixty Six) Equity Shares, representing 4.68% of the total issued and paid-up share capital of SHBL, at a price of Rs. 493.21 per share. The total consideration for this transaction is Rs. 49,99,99,528.86, subject to the satisfaction of agreed terms and conditions. Post-acquisition, the Seller will cease to be a shareholder of SHBL.