Eraaya Lifespaces Limited has successfully organized its inaugural global business leaders conclave, Ebix Odyssey 2025, marking a significant milestone in the company's innovation-led growth strategy. The strategic summit brought together business vertical heads and senior leadership from across the organization's global operations, emphasizing growth through innovation and future strategies.

Strategic Platform for Global Expansion

The conclave served as a comprehensive platform to solidify the roadmap for the next phase of global expansion. Backed by a global workforce of approximately 7,000 employees across 13 countries, the event facilitated strategic dialogue, leadership alignment, and long-term vision setting among key stakeholders.

Luxury Train Setting Enhances Strategic Discussions

The conclave was hosted aboard the Deccan Odyssey, a globally recognized luxury train and flagship offering operated and managed by Ebix Travels, the travel business arm of the group. The four-day journey provided an immersive environment for strategic dialogue while showcasing the scale of India's premium travel infrastructure. The train's premium amenities, fully equipped conference saloon, and personalized service enabled extended strategy sessions without disruption.

Core Business Focus Areas

Key deliberations centered on Ebix's core growth engines across four primary business segments:

• Technology: On-demand software, SaaS solutions, and digital exchanges supporting insurance, reinsurance, financial services, healthcare, risk and compliance
• Payments: Technology-enabled payment solutions and financial transaction platforms
• Travel: End-to-end travel distribution solutions, booking platforms, and digital marketplaces
• Emerging Businesses: E-learning solutions focused on digital education and professional training

The agenda emphasized scaling integrated platforms, driving innovation with commercial outcomes, and prioritizing long-term value creation. Additional focus areas included leadership effectiveness, evolving talent and HR strategies, and transparent dialogue through open-house sessions to reinforce accountability and cross-functional collaboration.

Leadership Perspectives on Transformation Journey

Dr. Vikas Garg, Chairman of Eraaya Lifespaces Limited Ebix Group, highlighted the significance of the event: "This conclave marks an inflection in our transformation journey. As we integrate the strengths of Ebix with Eraaya's long-term vision, our focus is firmly on building a future-ready organisation anchored in technology, disciplined execution, and sustainable value creation."

Gagan Sethi, Global CEO Technology Businesses, emphasized the collaborative spirit: "The Ebix Odyssey Conclave 2025 was much more than an event, a living, breathing experience. What stood out most was the genuine cross-border collaboration and shared sense of purpose that emerged over these days."

Strategic Positioning Post-Acquisition

Following the acquisition of Ebix Inc. by Eraaya Lifespaces Limited, the conclave reinforced the next phase of an innovation-led and sustainable growth journey. The event served as a reaffirmation of the core values and legacy that continue to define the Ebix brand, with emphasis on business strategy, operational excellence, and scalable opportunities across multiple verticals.

The company emphasized its commitment to moving forward with renewed clarity, stability, strategy, and intent, leveraging strong operational foundation, diversified platforms, and expansive market reach to drive sustainable growth and long-term value creation for partners, employees, and all stakeholders.

Eraaya Lifespaces Limited has informed the stock exchanges about ongoing legal proceedings under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that a civil suit has been filed against it by Bull Value Incorporated VCC sub-fund, described as a purported bondholder, before the Dwarka District Court in New Delhi.

Legal Proceedings Overview

The civil suit filed by Bull Value Incorporated VCC sub-fund challenges the company's step-down subsidiary's right issue and certain other matters. However, Eraaya Lifespaces has consistently contested the proceedings, arguing that the Dwarka District Court lacks territorial, pecuniary, and subject-matter jurisdiction in this matter.

The company has challenged the maintainability of the suit, its proceedings, and interim orders in various appropriate courts. Following these challenges, the Delhi High Court directed the Dwarka Court to decide the jurisdictional issue first.

Recent Court Developments

The matter was part-heard on December 19, 2025, in compliance with the Delhi High Court's directives. During this hearing, several procedural developments took place:

Impact Assessment

The company has confirmed that these legal proceedings have no impact on its financial, operational, or other business activities. This assessment is based on the fact that the proceedings remain at a preliminary stage and the crucial issue of jurisdiction is yet to be adjudicated by the court.

Regulatory Compliance

Eraaya Lifespaces made this disclosure in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. The company has reserved all its rights and remedies in law and equity while pursuing the matter strictly in accordance with applicable laws. The disclosure includes detailed information as required under Schedule III of the SEBI regulations, ensuring full transparency with stakeholders and regulatory authorities.

Eraaya Lifespaces Limited contests the jurisdiction of the Dwarka District Court in this matter, while the proceedings remain at a preliminary stage. The company continues to address the legal challenge posed by Bull Value Incorporated VCC sub-fund, maintaining its position and complying with regulatory disclosure requirements.