Eraaya Lifespaces Limited has formally changed its name to Ebix Limited following receipt of all requisite approvals from the Ministry of Corporate Affairs. The renaming marks a defining milestone in the company's evolution and reflects the successful completion of a transformational journey that began with the acquisition of Ebix Inc. and its global subsidiaries. This strategic shift aligns the corporate identity with the scale, character, and global reach of its business while establishing a unified brand across its international operations.

The company has evolved into a globally integrated technology-led enterprise with operations, customers, and strategic relationships spanning multiple international markets. Ebix Limited serves as a global holding company for Ebix Inc. and its worldwide subsidiaries. Following a strategic transition in 2024, the entity shifted from its conventional roots in lifestyle and hospitality into a diversified, technology-led holding platform with operations across 13 countries serving enterprise and consumer markets worldwide.

Ebix Limited operates across four core business segments: Technology, Payments, Travel, and Emerging Businesses. The technology platforms business delivers on-demand software, SaaS solutions, and digital exchanges supporting insurance, reinsurance, financial services, healthcare, and risk compliance. The cash payments segment provides technology-enabled payment solutions and financial transaction platforms catering to diverse use cases across geographies.

Ebix Travel is one of the group's key verticals, offering travel distribution solutions including booking platforms and digital marketplaces that serve airlines, travel agencies, corporates, and consumers. The company's emerging businesses include e-learning focused on delivering digital education and training solutions designed to support skill development and professional learning at scale. The rebranding signals the commencement of a next phase focused on accelerating business growth, enhancing operational efficiencies, and driving synergies across international operations.

The company stated that the rebranding marks the natural culmination of its transformation into a globally integrated enterprise. It emphasized that the Ebix name brings together operations, capabilities, and ambitions under a single internationally recognized identity. The focus remains firmly on disciplined execution, sustainable growth, and the creation of enduring value for all stakeholders. The renaming does not affect the company's legal status, corporate structure, or existing rights and obligations, and all business operations will continue seamlessly under the new name.

Eraaya Lifespaces Limited shareholders approved all 21 resolutions at its Extra-Ordinary General Meeting (EGM) held on June 08, 2026, through Video Conferencing. The meeting authorized the issuance of equity shares and warrants on a preferential basis, along with material related party transactions for the financial years 2025-26 and 2026-27. The resolutions were passed with the requisite majority based on the Scrutinizer's Report submitted by M/s V.K. Goel & Associates.

Resolutions Passed

The shareholders approved the issuance of up to 3,12,41,250 Fully Convertible Warrants on a preferential basis to promoter and non-promoter categories. Additionally, resolutions were passed to issue equity shares for consideration other than cash and to convert existing loans into equity shares. The meeting also sanctioned the raising of funds through the issuance of securities and authorized the Board to borrow money under Section 180(1)(c) of the Companies Act, 2013.

Related Party Transactions

Approval was granted for material related party transactions with subsidiaries, step-down subsidiaries, and entities under the Ebix group, such as Ebix Technologies Limited and EbixCash World Money Limited, for FY 2026-27. The meeting also ratified similar transactions entered into during FY 2025-26. Furthermore, transactions with Vikas Lifecare Limited and Advik Capital Limited, entities sharing the same promoter group, were approved and ratified for the respective financial years.

Board Appointments and Governance

The EGM saw the appointment of Prof. Anil Kumar as a Director and Independent Director, Mr. Sushil Gupta and Mr. Ashish Sharma as Directors, and Mrs. Ila Gupta as an Independent Woman Director. The company also sought approval for the recoupment of intragroup service charges from its subsidiaries. The proceedings were scrutinized by Mr. Rohit Goel of M/s V.K. Goel Associates, with the voting results disclosed in the Scrutinizer's Report.