Eraaya Lifespaces
49.00
-0.68(-1.37%)
Market Cap₹947.40 Cr
PE Ratio55.82
IndustryAutomobiles
Company Performance:
1D-1.37%
1M+11.39%
6M+13.98%
1Y+13.98%
5Y+13.98%
View Company Insightsright
Latest news about Eraaya Lifespaces
Ebix Technologies Secures ₹140 Crore Contract for Maharashtra's Statewide Digital Transit Card Rollout 1 day ago
Ebix Technologies Limited, a subsidiary of Eraaya Lifespaces, has secured a ₹140 crore contract from MSRTC to implement the National Common Mobility Card program across Maharashtra. The project, India's first statewide digital transit card rollout for concessionaires, aligns with the 'One Nation One Card' vision. It involves mandatory NCMC smartcard adoption for concessional passengers, with a minimum of 70 lakh cards in the first year, potentially scaling to over 2 crore cards. The project, running from July 2025 to November 2028, is expected to generate annual transaction volumes exceeding ₹2000 crore.
Eraaya Lifespaces' Subsidiary Wins ₹140 Crore Contract for India's First Statewide Digital Transit Card Rollout 3 days ago
Eraaya Lifespaces Board Approves FCCB Exit Strategy Amid Legal Disputes 3 days ago
Eraaya Lifescapes Board Approves FCCB Exit Strategy Amid Legal Disputes 3 days ago
Eraaya Lifespaces Initiates FCCB Exit Process Amid Legal and Ethical Concerns 4 days ago
More news about Eraaya Lifespaces
17Mar 25
Eraaya Lifespaces Takes Legal Action Against Elara Capital PLC for $40 Million FCCB Proceeds
Eraaya Lifespaces Limited has filed a lawsuit against Elara Capital PLC in the UK High Court over $40 million in unreleased proceeds from a $120 million Foreign Currency Convertible Bond (FCCB) issuance. The real estate company claims Elara Capital is wrongfully withholding the funds. Eraaya seeks the release of the $40 million and additional damages. The legal action follows the FCCB issuance in August 2024, which was approved by shareholders in July 2024.
17Mar 25
Eraaya Lifespaces Takes Legal Action Against Elara Capital Over FCCB Proceeds
Eraaya Lifespaces, a prominent real estate company, has launched legal proceedings against Elara Capital PLC concerning $40 million raised through Foreign Currency Convertible Bonds (FCCBs). The dispute could significantly impact Eraaya's financial position, corporate governance perception, and future fundraising capabilities. This legal battle may influence market sentiment towards the company in the short to medium term.
Eraaya Lifespaces
49.00
-0.68
(-1.37%)
1 Year Returns:+13.98%
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