Eraaya Lifespaces Limited Files Annual Disclosure Under SEBI Takeover Regulations

Eraaya Lifespaces Limited has filed its mandatory annual disclosure under SEBI regulations, confirming compliance with substantial acquisition and takeover norms. The disclosure was submitted to BSE Limited on April 04, 2026, by the company's promoter and promoter group.

Annual Disclosure Details

The filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Hari Bhagwan Sharma, serving as the authorized signatory, submitted the disclosure on behalf of all promoters and promoter group members on April 02, 2026.

Parameter	Details
Filing Date	April 04, 2026
Regulation	SEBI (SAST) Regulation 31(4)
Financial Year	Ended March 31, 2026
Authorized Signatory	Hari Bhagwan Sharma

Key Declaration

The disclosure confirms that no encumbrance was created, directly or indirectly, on shares held by the promoter and promoter group during the financial year ended March 31, 2026. This declaration covers all promoters, members of the promoter group, and persons acting in concert.

Promoter Group Composition

The company's promoter and promoter group consists of five entities:

S. No.	Promoter/Promoter Group Entity
1	Sukriti Garg
2	Seema Garg
3	Vikas Garg
4	Vikas Lifecare Limited
5	Just Right Life Limited

Corporate Information

Eraaya Lifespaces Limited is incorporated under CIN L74899DL1967PLC004704 with its registered office located at 54, Janpath, New Delhi, India- 110001. The disclosure was signed by Arun Batra, Director with DIN 06500891, representing the company's compliance with regulatory requirements.

The filing demonstrates the company's adherence to SEBI's transparency requirements for listed entities, ensuring proper disclosure of promoter shareholding activities and encumbrance status to maintain market integrity.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.55%	+12.82%	-12.08%	-33.17%	-60.42%	+3,225.00%

Eraaya lifespaces Limited has submitted a detailed clarification to BSE Limited regarding the disclosure of resignation letters under SEBI LODR Regulations 2015. The communication, dated April 4, 2026, was addressed to the Listing Compliance Department of BSE Limited in response to the exchange's inquiry on the matter.

Company's Disclosure Practices

The company emphasized its regular compliance with disclosure requirements, stating that it has been consistent in making disclosures of material developments. These disclosures encompass both stipulated and relevant discretionary disclosures that have a bearing on the company's business, governance, and regulatory framework, including changes in the composition of its Board of Directors.

Legal Constraints and Evaluation Process

Regarding the specific resignation letters under reference, Eraaya Lifespaces Limited explained that these arose in the context of interconnected developments involving ongoing legal proceedings and related considerations. The company stated that it was guided by applicable legal constraints while evaluating the appropriate scope and manner of disclosure.

Aspect:	Details
Legal Approach:	Approached Delhi High Court for directions
Assessment Basis:	Bona fide evaluation of prevailing facts
Consideration Factor:	Nature of statements in resignation letters
Regulatory Framework:	SEBI LODR Regulations 2015 compliance

Court Intervention and Current Status

The company revealed that it had approached the Delhi High Court seeking appropriate directions regarding the disclosure matter, particularly considering the nature of certain statements contained in the resignation letters. This approach was described as being based on a considered and bona fide assessment of the prevailing facts and circumstances at the relevant time.

Exchange Action and Company Response

The company acknowledged that BSE Limited has since disseminated the resignation letters in question. Eraaya Lifespaces Limited duly noted this action by the exchange while reiterating its commitment to compliance with the applicable provisions of the SEBI LODR Regulations 2015.

The clarification was signed by Arun Batra, Director of the company with DIN 06500891, emphasizing the company's cooperative approach with regulatory authorities and its commitment to maintaining transparency within the legal framework.