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Eraaya Lifespaces LtdImportant, 15-09-2025: Company Update

15-09-2025 | 03:38 pm

Eraaya Lifespaces announced the Hon’ble High Court of Delhi dismissed Mr. Robin Raina's petition against the company. This decision follows the Hon’ble Supreme Court of India's earlier dismissal of his pleas. Mr. Raina's petition sought to assert ownership claims in Eraaya Lifespaces and its global Ebix Inc. subsidiaries. The court's dismissal, coming after repeated attempts to destabilize the company, reaffirms Eraaya's position. This outcome provides clarity for shareholders, allowing management to focus on sustainable growth, investor confidence, and strategic objectives without purported legacy entanglements.

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