Eraaya Lifespaces Limited will convene a board meeting on May 30, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The meeting is scheduled to take place at #54, Janpath, New Delhi. The board will review both standalone and consolidated financial results along with the audit report.

The agenda includes the approval of the Audited Financial Results for the period ending March 31, 2026. Additionally, the board may consider any other items with the permission of the Chair.

In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct, the trading window for designated persons and their immediate relatives has been closed. This restriction is effective from Tuesday, April 1, 2026, and will remain in place until 48 hours after the declaration of the financial results.

The intimation was submitted to BSE Limited pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Urvashi Upadhyay, Company Secretary, signed the communication on May 27, 2026.

Key Meeting Details

Just Right Life Limited has disclosed a substantial acquisition of shares in Eraaya Lifespaces Limited pursuant to the conversion of warrants. The acquirer, forming part of the Promoter/Promoter Group, was allotted 76,00,000 equity shares on April 23, 28, and 29, 2026. This allotment was carried out in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The newly allotted equity shares were issued at a price of ₹81 per share, which includes a premium of ₹80 per share. These shares rank pari-passu with the existing equity shares of the company and are subject to applicable lock-in requirements. The disclosure was submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The transaction involved the conversion of 76,00,000 warrants acquired through preferential allotment into an equivalent number of equity shares. Prior to this acquisition, Just Right Life Limited held 74,00,000 shares carrying voting rights. The conversion of these warrants has significantly altered the acquirer's shareholding structure within the target company.

Shareholding Pattern

The following table outlines the changes in the shareholding pattern of Just Right Life Limited before and after the acquisition:

Capital Structure Changes

The equity share capital of Eraaya Lifespaces Limited has increased as a result of this allotment. Before the acquisition, the total voting capital stood at INR 20,66,94,160, divided into 20,66,94,160 equity shares of INR 1.00 each. Post-acquisition, the equity share capital has risen to INR 21,42,94,160, divided into 21,42,94,160 equity shares of INR 1.00 each. The total diluted share and voting capital of the company after the said acquisition is INR 33,66,25,200, divided into 33,66,25,200 equity shares of INR 1.00 each.