Eraaya Lifespaces Ltd — Important, 28-03-2026: Company Update

Eraaya Lifespaces' board has approved significant leadership and governance changes. Mr. Sushil Gupta is appointed as Chief Executive Officer, and Mr. Ashish Sharma as Chief Financial Officer. The current CFO will transition to other roles within the company. The board also approved creating new senior management positions and reconstituting the Audit and Risk Management Committees. Furthermore, subsidiaries under Ebix Inc. will adopt a decentralized leadership structure. These steps aim to strengthen leadership, governance, and operational effectiveness, moving towards a more agile and accountable model for sustainable growth.