Eraaya Lifespaces Limited has submitted its quarterly compliance statement to BSE Limited, confirming adherence to fund utilization guidelines for the quarter ended December 31, 2025. The filing, made under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, addresses the use of proceeds from the company's fundraising activities.

Fund Utilization Status

The company reported that no funds were raised or received during the quarter through Foreign Currency Convertible Bonds (FCCBs). However, funds received from the Preferential Issue of Compulsory Convertible Warrants during the quarter were properly utilized according to the stated objectives of the issue.

Compliance and Governance

The statement confirms that proceeds earmarked for specified purposes have been applied in accordance with the disclosed objects. The Audit Committee reviewed the fund utilization statement at its meeting held for this purpose, ensuring proper governance oversight of the company's financial activities.

Regulatory Filing Details

The compliance statement was signed by Director Ashish Jaitly (DIN: 10942708) and filed with BSE Limited on February 14, 2026. The company has also uploaded this disclosure on its website at www.eraayalife.com for public access.

The filing demonstrates the company's commitment to maintaining transparency in fund utilization and adhering to regulatory compliance requirements for listed entities.

Eraaya lifespaces Limited announced on January 21, 2026, that its flagship subsidiary EbixCash World Money has achieved a significant regulatory milestone at GIFT IFSC. Buyforex, a wholly owned subsidiary of EbixCash World Money, has received in-principle approval for Payment Service Provider (PSP) authorization from the International Financial Services Centres Authority (IFSCA). This achievement makes EbixCash the first Authorised Dealer Category-II (AD-II) licensed entity to receive such approval at GIFT IFSC.

Regulatory Approval Details

The in-principle PSP authorization enables Buyforex to operate as a regulated payment service provider from GIFT IFSC, subject to fulfillment of final conditions. The approval encompasses four key payment services that will expand the company's operational capabilities:

Strategic Significance

This milestone significantly strengthens the EbixCash Group's regulated payments footprint and aligns with India's strategic vision for GIFT IFSC. The authorization positions the group to deliver secure, compliant, and globally scalable payment solutions to international merchants, financial institutions, and enterprises. The approval leverages GIFT IFSC's globally aligned regulatory framework to enhance cross-border payment capabilities.

Mr. T C Guruprasad, CEO & Managing Director - Payments Business at EbixCash, emphasized the achievement's importance, stating that being the first AD-II group entity to receive this authorization underscores the company's strong regulatory credentials and long-standing focus on compliance-led growth. He highlighted that this approval enables expansion of cross-border payments capabilities while contributing meaningfully to GIFT IFSC's evolution as a world-class financial ecosystem.

Business Impact and Market Position

With this approval, EbixCash World Money through Buyforex is positioned to support global commerce, international remittances, and merchant payment flows through a robust, future-ready payments infrastructure anchored in India. The development reinforces EbixCash's commitment to building regulated, technology-driven financial platforms that meet international standards while serving global markets from India.

The EbixCash Group operates as India's leading end-to-end digital financial services platform, combining an omni-channel digital presence with a nationwide physical distribution network of over 650,000 outlets. The company's operations span payments, international and domestic remittances, foreign exchange, prepaid cards, travel, insurance, and financial technology across 4,000 cities and 75,000 villages in India.

Corporate Structure and Operations

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