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

Eraaya Lifespaces has announced significant leadership and governance changes. Mr. Sushil Gupta has been appointed Chief Executive Officer, and Mr. Ashish Sharma is now the Chief Financial Officer. The previous CFO will transition to other roles within the company. The board also approved creating new senior management positions and reconstituted its Audit and Risk Management Committees to enhance skills and independence. Additionally, the company is moving to a decentralized leadership structure for its subsidiaries, aiming for a more agile and accountable operational model.