Jupiter Life Line Hospitals Limited — Important, 24-03-2025: Agreements

Jupiter Life Line Hospitals Limited (JLHL) has executed a loan agreement with HDFC Bank Limited. The company will utilize a Term Loan (TL) of ₹350 Cr and an Overdraft (OD) facility of ₹10 Cr to fund capital expenditures, including a sublimit for letter of credit. Additionally, its material subsidiary, Jupiter Hospital Projects Private Limited, is securing a TL of ₹250 Cr and an OD of ₹5 Cr aimed at repaying an intercorporate loan from JLHL. The exclusive security provided includes charges on hospital properties. This strategic financing positions JLHL to enhance its operational capabilities, potentially fostering investor confidence amid the expansion of its facilities.