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Eraaya Lifespaces Limited allotted 12,75,000 equity shares to Just Right Life Limited following the conversion of warrants. The transaction, valued at approximately ₹10.33 Crore at ₹81 per share, increases the company's paid-up capital to ₹21.43 Crore.
Eraaya Lifespaces Ltd approved the conversion of 32,00,000 warrants into equity shares for Just Right Life Limited at ₹81 per share, totaling ₹25.92 Crore. This allotment increases the company's paid-up capital to ₹21.30 Crore. The shares belong to the Promoter Group and rank pari-passu with existing equity.
Eraaya Lifespaces Ltd allotted 31,25,000 equity shares to Just Right Life Limited (Promoter Group) upon conversion of warrants. The conversion was executed at Rs. 81 per share, totaling ₹25.31 Crore. This increases the company's paid-up capital to ₹20.98 Crore.
Eraaya Lifespaces Limited approved its Q3 FY2026 un-audited standalone and consolidated financial results. The consolidated results reported a loss for the period of ₹534.75 Crore. The auditors issued a qualified conclusion regarding certain related party transactions and highlighted various legal proceedings, including an ED probe and bondholder litigation.
Eraaya Lifespaces Limited approved its Q3 FY2026 un-audited standalone and consolidated financial results. The consolidated results reported a loss for the period of ₹534.75 Crore. The auditors issued a qualified conclusion regarding certain related party transactions and highlighted various legal proceedings, including an ED probe and bondholder litigation.
Eraaya Lifespaces Limited issued an addendum to its September 30, 2025, financial results to include a previously omitted note regarding related party transactions and to correct note numbering. The correction provides clarity on consortium contributions towards the acquisition of Ebix Inc and subsequent arbitration settlements involving Vikas Lifecare Limited.
Eraaya Lifespaces Limited approved its un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. The company also appointed Ms. Urvashi Upadhyay as Company Secretary and Compliance Officer. Consolidated results show a net loss of ₹326.33 Crore for the quarter, impacted by significant restatements and legal proceedings related to Ebix Inc.
Eraaya Lifespaces Ltd clarified to BSE that recent stock price and volume movements are purely market-driven. The company confirmed it has no undisclosed material information or events. It remains in compliance with SEBI (LODR) Regulations, 2015.
Eraaya Lifespaces Limited has appointed Ms. Urvashi Upadhyay as the Company's Compliance Officer, effective April 16, 2026. She is a qualified Company Secretary with over seven years of professional experience. Her formal appointment as Company Secretary and Key Managerial Personnel will be considered at the board's next meeting.
Eraaya Lifespaces resolved a legacy shareholder dispute involving its subsidiary Ebix Payment Services. The settlement involves a ₹180 Crore buyout of minority shareholding approved by the Bombay High Court. This resolution eliminates long-standing structural constraints, enhancing operational flexibility and capital deployment efficiency across the company's payments business.
Eraaya Lifespaces Limited submitted its Reconciliation of Share Capital Audit Report for the quarter ended March 31, 2026. The report confirms a total issued capital of 20,66,94,160 shares, including the conversion of 74,10,000 warrants into equity during the period. No discrepancies were found between the issued, listed, and dematerialized capital.
Eraaya Lifespaces subsidiary, Ebix Technologies, launched India's first statewide NCMC smartcard programme for MSRTC in partnership with NSDL Payments Bank. The initiative digitizes bus concessions for 50+ categories across 16,000 buses. The programme targets 70 lakh cards in year one, scaling to 2 crore, streamlining subsidies for millions of commuters in Maharashtra.
Eraaya Lifespaces Limited submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate confirms that physical share certificates received for dematerialization between January and March 2026 were processed, cancelled, and substituted with the depository's name in company records.
Eraaya Lifespaces Limited reported its investor grievance status for the quarter ended March 31, 2026. The company received two complaints during the period, both of which were successfully resolved. No investor complaints remained pending at the end of the quarter, reflecting efficient grievance redressal.