Eraaya Lifespaces Ltd — Important, 22-12-2025: Company Update

Eraaya Lifespaces Limited is facing a civil suit filed by Bull Value Incorporated VCC sub-fund, a bondholder, challenging its step-down subsidiary's rights issue and other matters. The company maintains the court lacks jurisdiction. Following a Delhi High Court directive, a recent hearing saw the court issue notice for SEBI to be included as a necessary party to help adjudicate the jurisdictional issue. The previous status quo order continues, and the next hearing is on January 12, 2026. Eraaya Lifespaces confirms these preliminary proceedings have no impact on its operations or ongoing business activities.