Global Health Ltd - Outcome Of Board Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations)

This is with reference to the letter Ref. No.- GHL/2022-23/EXCH/022 dated 13th February, 2023, wherein the Board of Directors of the Company has approved the binding Term Sheet for a new hospital at Indore on Operation & Management basis. In this regard, the Board of Directors of the Company at its Board Meeting held today i.e. Monday, 27th March, 2023, has extended the validity of Term Sheet till June 23, 2023 (earlier 60 days from date of execution) to execute necessary agreement subject to completion of due diligence. The Company has appointed a law firm, JSA advocates & solicitors, for the purposes of conducting the said due diligence and the same is underway. There are no changes in the disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on February 13, 2023 except above.