Sastasundar Ventures' Subsidiary, Sastasundar Healthbuddy Limited, to Merge with Company Following Share Purchase Agreement

Sastasundar Healthbuddy Limited (SHBL), a material subsidiary of Sastasundar Ventures Limited (formerly Health X Platform Limited), has approved the execution of a Tripartite Agreement with the Company and Envision India Fund, a qualified institutional buyer. The Agreement follows a share purchase agreement dated 25.02.2026, where Envision agreed to acquire Mitsubishi's entire shareholding in SHBL. The Tripartite Agreement contemplates the merger of SHBL with the Company, ensuring Envision's economic interest remains the same post-merger. If the merger cannot be consummated, SHBL will undertake a share swap arrangement. Envision will have the right to appoint a board observer and a director under certain circumstances.