Eraaya Lifespaces Ltd — Updates, 17-06-2025: Company Update

Eraaya Lifespaces has announced that a court order granting an ex-party ad-interim injunction against the company’s preferential issue, previously obtained by an allottee challenging the issue, has been vacated. The court noted that the injunction was secured through false statements, concealment, and misrepresentation by the plaintiff. The company confirmed this legal development has no impact on its financial or operational activities. This clarity removes a legal overhang related to the preferential issue and should reassure shareholders about the company’s governance and ongoing business.