Eraaya Lifespaces Limited has successfully completed the conversion of 31,25,000 warrants into equity shares, marking a significant milestone in its ongoing fundraising activities. The fund-raising committee approved this conversion during their meeting held on April 23, 2026, demonstrating continued confidence from the promoter group in the company's growth prospects.

Warrant Conversion Details

The conversion involved 31,25,000 warrants being transformed into an equal number of equity shares at an issue price of Rs. 81 per share. Each new equity share carries a face value of Re. 1 with a premium of Rs. 80 per share. The warrants were originally issued on a preferential basis to Just Right Life Limited, a promoter group entity, on January 18, 2025.

Shareholding Impact

The conversion has resulted in a notable change in Just Right Life Limited's shareholding pattern. The promoter group entity's equity holding has increased significantly following this warrant exercise.

Outstanding Warrant Position

Just Right Life Limited still maintains a substantial warrant position that remains unconverted. The original warrant allotment totaled 1,50,00,000 warrants, of which significant portions have been exercised over time.

Capital Structure Update

Following the warrant conversion, Eraaya Lifespaces Limited's capital structure has been enhanced. The company's issued and paid-up capital now stands at Rs. 20,98,19,160, comprising 20,98,19,160 equity shares with a face value of Re. 1 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, which commenced at 3:15 P.M. and concluded at 3:55 P.M., was conducted in compliance with SEBI regulations and listing requirements. This conversion represents the company's continued efforts to strengthen its financial position through strategic capital raising initiatives.

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.