Eraaya Lifespaces Ltd — Important, 02-12-2025: Company Update

Eraaya Lifespaces reports that certain foreign bondholders, also litigating against the company, are initiating non-jurisdictional legal proceedings in Delhi courts. Eraaya states these actions create artificial urgency to seek interim orders, aiming to generate negative market perceptions. The company alleges misuse of confidential investor contact details to circulate misleading communications about a step-down subsidiary. Eraaya affirms its operations remain stable and emphasizes that shareholders should rely exclusively on official company disclosures, disregarding unverified external information. The company is escalating these matters to appropriate authorities to safeguard stakeholder interests.