Sangani Hospitals Limited entered into Memorandum of Understanding with Dr. Bhavinsh Babubhai Mori and Dr. Pareetaben Dodiya for Establishment of New Surgical Department. Name & details of the entity with whom MOU is entered: Dr. Bhavinsh Babubhai Mori and Dr. Pareetaben Dodiya. Industry to which the entity belongs: Providing medical services located at Devasya Hospital, Keshod, Gujarat.

Objects and effects of MOU: Expansion of healthcare services of the Sangani Hospitals Limited to meet the growing demand for specialized Surgical and Gynaecology services in the region and to establish a new surgical department to meet these needs efficiently. Significant terms of the MOU (in brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc.: Period of Agreement: 5 Years Terms: The unit will be known as "Devasya Surgical and Maternity Unit" and will offer services including general surgery, laparoscopic surgery, urology, obstetrics, and gynaecology. Sangani Hospitals Limited will provide the necessary infrastructure, including space and facilities, for the new surgical department.

Both parties to MOU agrees to share resources. Dr. Bhavinsh Babubhai Mori and Dr. Pareetaben Dodiya will be paid their private practice earnings after deducting rent. Date of execution of the MOU: February 26, 2024.