Eraaya Lifespaces Limited has successfully completed the final conversion of 12,75,000 warrants into equity shares, marking the conclusion of its comprehensive warrant exercise program. The fund-raising committee approved this final conversion during their meeting held on April 29, 2026, with Just Right Life Limited, a promoter group entity, completing its full warrant position.

Latest Warrant Conversion Details

The recent conversion involved 12,75,000 warrants being transformed into an equal number of equity shares at an issue price of Rs. 81.00 per share. Each new equity share carries a face value of Re. 1.00 with a premium of Rs. 80.00 per share. This represents the final tranche of warrants originally issued on a preferential basis to Just Right Life Limited on January 18, 2025.

Complete Warrant Exercise Summary

Just Right Life Limited has now completed the full exercise of its warrant allocation. The promoter group entity's total warrant conversion activity demonstrates sustained confidence in the company's growth trajectory across multiple tranches.

Updated Shareholding Pattern

Following the final warrant conversion, Just Right Life Limited's shareholding in Eraaya Lifespaces has reached 7.00%. The promoter group entity's equity holding has increased substantially from its initial position through systematic warrant exercises.

Enhanced Capital Structure

With the completion of this final warrant conversion, Eraaya Lifespaces Limited's capital structure has been significantly strengthened. The company's issued and paid-up capital now stands at Rs. 21,42,94,160.00, comprising 21,42,94,160 equity shares with a face value of Re. 1.00 each. The newly allotted shares rank pari-passu with existing equity shares, ensuring equal rights and privileges for all shareholders.

The fund-raising committee meeting was conducted in full compliance with SEBI regulations and listing requirements under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This final conversion represents the successful completion of the company's strategic warrant-based capital raising initiative.

Eraaya Lifespaces Limited held a Board meeting on April 18, 2026, at its New Delhi office to address key corporate matters including financial results approval and a senior management appointment. The meeting, which commenced at 05:30 P.M. and concluded at 09:10 P.M., focused on regulatory compliance and organizational strengthening.

Financial Results Approval and Publication

The Board approved the unaudited financial results for the quarter and half year ended September 30, 2025. These results, covering both standalone and consolidated financials, were duly reviewed by the Audit Committee and accompanied by Limited Review Reports from the company's Statutory Auditors.

Following the Board approval, the company published newspaper advertisements of the unaudited financial results on April 22, 2026, in Financial Express (English Edition) and Jansatta (Hindi Edition) in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Management Appointment

On the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Ms. Urvashi Upadhyay as Company Secretary and Key Managerial Personnel under Section 203 of the Companies Act, 2013. The appointment took effect immediately from April 18, 2026.

Professional Background

Ms. Upadhyay brings substantial expertise to her new role as Company Secretary. Her professional qualifications and experience include:

• Associate Member of the Institute of Company Secretaries of India with Membership No. A56823
• Over 7 years of professional experience in corporate secretarial functions
• Extensive expertise in statutory compliance and corporate governance
• Strong background in managing Board and Committee processes
• Experience in maintaining statutory records and supporting corporate governance practices

The appointment demonstrates the company's commitment to strengthening its governance framework and ensuring continued regulatory compliance. Ms. Upadhyay's transition from Compliance Officer to Company Secretary reflects internal talent development and organizational continuity.

Regulatory Compliance

The Board meeting outcomes were communicated in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, read with Schedule III. The appointment details were provided as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, ensuring full regulatory transparency and disclosure requirements are met.

The financial results information is also available on the company's website at www.eraayalife.com , providing stakeholders with easy access to the latest financial data.