Artemis Ebix Limited, formerly known as Eraaya Lifespaces Limited, filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the Bombay Stock Exchange on September 8, 2026. The disclosure covers the company's standalone operations across hospitality and digital marketing services.

The report outlines the entity's financial scale and operational footprint for the year ended March 31, 2026. Key metrics from the filing include:

Operational Footprint

Hospitality services account for 98.11% of the company's total turnover. The business operates primarily in the Delhi-NCR region, serving travelers, event planners, and corporations. The digital marketing segment caters to startups, SMEs, and large enterprises across various industries including law, healthcare, and retail.

The company maintains a lean workforce structure with 19 permanent employees as of March 31, 2026. There are no workers engaged under permanent or non-permanent contracts. The Board of Directors comprises 10 members, including 2 women, representing 20% female representation at the board level.

Governance and Compliance

Artemis Ebix reported a BSE penalty of ₹8,82,050 during FY26. The fine was imposed for delays in filing financial results, prior intimation of board meetings, and constitution of the Risk Management Committee. No appeals were preferred against this order.

The company disclosed loans and advances to related parties totaling ₹561.88 million in FY26, an increase from ₹158.62 million in the previous fiscal year. No purchases or sales were recorded with related parties during the period.

Sustainability Initiatives

The report identifies energy usage, water management, and waste management as key material issues. The company notes that adopting energy-efficient equipment and smart lighting presents an opportunity to decrease utility costs. Water conservation measures, such as low-flow fixtures and sensor-based taps, are implemented at its villa and staycation properties to mitigate supply risks and reduce expenses.

As a service-oriented entity, Artemis Ebix reports negligible physical waste generation. Consequently, disclosures regarding plastic, e-waste, and hazardous waste reclamation are marked as nil. The company states it is currently in the process of measuring Scope 3 greenhouse gas emissions but has not yet undertaken specific initiatives to reduce emissions or effluent discharge through innovative technology.

What the Numbers Show

The divergence between the company's low turnover (₹716 lakh) and its significantly higher net worth (₹29,187.2 lakh) suggests a capital-intensive balance sheet relative to current revenue generation. Additionally, the sharp rise in related-party loans and advances—from ₹158.62 million to ₹561.88 million—indicates a substantial increase in capital deployment within the group structure during FY26.

Artemis Ebix scheduled its 60th Annual General Meeting (AGM) for September 30, 2026, at 4:30 pm. The Board approved the notice on September 7, 2026. A National Company Law Tribunal (NCLT) order restricts director-related resolutions.

The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM). Shareholders must be on record as of September 23, 2026, to vote. The register of members and share transfer books will remain closed from September 24 to September 30, 2026.

Governance Constraints

The NCLT New Delhi Bench issued an order on February 13, 2025, directing that the status quo regarding the Board of Directors be maintained until further orders. Consequently, resolutions concerning the appointment, re-appointment, or retirement of directors by rotation are excluded from this AGM notice.

Voting Process

Remote e-voting facilities open at 9:00 am on September 27, 2026, and close at 5:00 pm on September 29, 2026. M/s Shubhangi Agarwal and Associates serves as the scrutinizer for the process. Institutional investors must submit board resolutions or authority letters to the scrutinizer via email to attend and vote.

The facility for appointing proxies is not available for this VC/OAVM meeting. Members attending virtually will count toward the quorum under Section 103 of the Companies Act, 2013. NSDL facilitates the remote e-voting system.

Approved Reports

The Board approved several documents for circulation in the Annual Report:

• Draft Director's Report with annexures
• Management Discussion and Analysis Report
• Business Responsibility and Sustainability Report (BRSR)
• Corporate Governance Report
• Secretarial Audit Report

The final notice and complete Annual Report will be circulated separately. The company encourages members to dematerialize physical shares and update KYC records through the Registrar and Share Transfer Agent, Skyline Financial Services Private Limited.