Eraaya Lifespaces Limited Files SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 04 Apr 2026, 08:03 PM
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Eraaya Lifespaces Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) with BSE Limited on April 04, 2026. The certificate, covering the quarter ended March 31, 2026, was issued by registrar Skyline Financial Services Private Limited, confirming proper processing of physical share certificates for dematerialization. The filing demonstrates the company's adherence to regulatory requirements for depositories and participants, with all certificates properly mutilated and records updated within the prescribed 15-day timeframe.

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Eraaya lifespaces Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 04, 2026, covers the quarter ended March 31, 2026, and demonstrates the company's adherence to dematerialization compliance standards.

Regulatory Compliance Details

The certificate was submitted in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding the processing of physical share certificates received for dematerialization during the reporting period.

Parameter: Details
Reporting Quarter: January 01, 2026 to March 31, 2026
Filing Date: April 04, 2026
Regulation: SEBI Regulation 74(5)
Company CIN: L74899DL1967PLC004704

Registrar Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 03, 2026. The registrar holds SEBI Registration No. INR000003241 and is authorized to handle the company's share transfer operations.

The certificate confirms two critical compliance aspects:

  • All securities comprised in the certificates have been listed on the stock exchange where previously issued securities are listed
  • Physical certificates were properly mutilated and cancelled after verification, with the depository name substituted in records as the registered owner within the mandatory 15-day period

Corporate Information

Eraaya Lifespaces Limited, formerly known as Justride Enterprises, maintains its registered office at 54, Janpath, New Delhi, India- 110001. The company's director Arun Batra (DIN: 06500891) signed the compliance submission to BSE Limited.

Stock Exchange Details

The filing was submitted to BSE Limited at Phirozee Jeejeebhoy Towers, Dalal Street, Fort, Mumbai- 400 001. The company trades under scrip code 531035 on the exchange.

This quarterly compliance filing represents standard regulatory practice, ensuring transparency in the dematerialization process and maintaining investor confidence in the company's adherence to SEBI guidelines for depositories and participants.

Historical Stock Returns for Eraaya Lifespaces

1 Day5 Days1 Month6 Months1 Year5 Years
+3.55%+12.82%-12.08%-33.17%-60.42%+3,225.00%

Will Eraaya Lifespaces' transition from physical to dematerialized shares improve trading liquidity and attract more institutional investors?

How might the company's compliance track record under SEBI regulations impact its ability to raise capital through future equity offerings?

Could the systematic dematerialization process signal Eraaya Lifespaces' preparation for potential corporate actions like stock splits or bonus issues?

Eraaya Lifespaces Files Regulatory Disclosure for India's First Statewide NCMC Programme

2 min read     Updated on 04 Apr 2026, 07:07 PM
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Eraaya Lifespaces Limited has filed a regulatory disclosure under SEBI Regulation 30 announcing its subsidiary Ebix Technologies Limited's partnership with NSDL Payments Bank to launch India's first statewide National Common Mobility Card programme for concessionaires in Maharashtra. The programme, inaugurated by Chief Minister Devendra Fadnavis, targets 70 lakh cards in Year 1 with a total statewide scale of over 2 crore cards, valued at hundreds of crores of rupees and covering MSRTC's network of over 16,000 buses serving 13 crore monthly passengers.

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Eraaya Lifespaces Limited has filed a regulatory disclosure under SEBI Regulation 30 announcing a landmark partnership through its flagship subsidiary Ebix Technologies Limited with NSDL Payments Bank to launch India's first statewide National Common Mobility Card (NCMC) programme for concessionaires. The programme was inaugurated by Maharashtra Chief Minister Devendra Fadnavis, marking a significant milestone in India's digital transit infrastructure.

Regulatory Filing and Programme Launch

The company submitted its media release to BSE Limited on April 04, 2026, providing formal notification of this strategic partnership under listing compliance requirements. Director Arun Batra (DIN: 06500891) signed the regulatory filing, emphasizing the programme's significance for the listed entity.

Filing Details: Information
Regulation: SEBI Regulation 30
BSE Scrip Code: 531035
ISIN: INE432F01032
Filing Date: April 04, 2026
Signatory: Arun Batra, Director

Programme Overview and Scale

The initiative represents the country's first statewide NCMC rollout designed exclusively for concessionaires, bringing over 50 concessional categories under a single interoperable digital payment ecosystem. The programme is valued at hundreds of crores of rupees and replaces fragmented, paper-based concession processes with a seamless, Aadhaar-linked digital experience.

Programme Parameters: Details
Target Cards Year 1: 70 lakh minimum
Total Statewide Scale: Over 2 crore cards
Distribution Network: 3,000 dedicated retail outlets
Card Type: RuPay Prepaid Platinum
Coverage: Every MSRTC depot and bus station

MSRTC Network Integration

The Maharashtra State Road Transport Corporation operates one of India's most expansive public transport systems, making it an ideal platform for this ambitious programme. The network serves millions of passengers across diverse demographics including senior citizens, students, women, and persons with disabilities.

MSRTC Network: Scale
Fleet Size: Over 16,000 buses
Monthly Passengers: 13 crore passengers
Coverage: Cities, towns, and remote tribal regions
Service Categories: Over 50 concessional categories

National Expansion Potential

Beyond Maharashtra, the programme architecture is designed for nationwide replication. India operates over 150 state road transport undertakings serving hundreds of crore passenger journeys annually. The total addressable opportunity across states with concessional public transport programmes runs into thousands of crores of rupees, positioning this initiative as a potential template for national digital transit transformation.

Leadership and Government Support

The programme launch received high-level government support, with the inauguration ceremony attended by Chief Minister Devendra Fadnavis, Deputy Chief Ministers Eknath Shinde and Sunetra Ajit Pawar, Cabinet Minister for Transport Pratap Sarnaik, and other Maharashtra Cabinet members.

About the Companies

Ebix Technologies Limited operates with a "Phygital" strategy combining over 650,000 physical agent distribution outlets across India and Southeast Asia with an omni-channel online digital platform. The company's portfolio encompasses domestic and international money remittance, foreign exchange, prepaid gift cards, utility payments, and travel services across more than 75 countries.

Eraaya Lifespaces Limited serves as a global holding company with operations across 13 countries, focusing on four core business segments: Technology, Payments, Travel, and Emerging Businesses. Following a strategic transition in 2024, the company evolved from conventional lifestyle and hospitality roots into a diversified, technology-led holding platform serving enterprise and consumer markets worldwide.

Source: None/Company/INE432F01032/2a8aba85-76d9-4979-bfa8-b0cb60b8857a.pdf

Historical Stock Returns for Eraaya Lifespaces

1 Day5 Days1 Month6 Months1 Year5 Years
+3.55%+12.82%-12.08%-33.17%-60.42%+3,225.00%

Which other Indian states are likely to adopt similar NCMC programmes next, and what timeline could we expect for nationwide rollout?

How will this partnership impact Eraaya Lifespaces' revenue projections and market valuation given the thousands of crores addressable opportunity mentioned?

What competitive advantages does the Ebix-NSDL partnership have over other fintech players who might bid for similar state transport digitization contracts?

More News on Eraaya Lifespaces

1 Year Returns:-60.42%