Eraaya Lifespaces Ltd — Board Meeting, 14-08-2025: Board Meeting

Eraaya Lifespaces has announced the approval of its financial results for the quarter ended June 30, 2025. The consolidated results show revenue of ₹60.93 Cr and a profit before tax of ₹1.62 Cr. A key ongoing matter is the unreceived USD 40 million from Foreign Currency Convertible Bonds issued for the Ebix acquisition, for which legal action is underway. Furthermore, an NCLT interim order prevents the company from making provisions for related liabilities, impacting its accounting treatment for these bonds. Separately, the company is appealing a ₹3.29 Cr FEMA penalty, noting it's indemnified by previous promoters.