Eraaya Lifespaces Ltd — Important, 04-04-2026: Company Update

Eraaya Lifespaces' flagship subsidiary, Ebix Technologies, partnered with NSDL Payments Bank to launch India's first statewide National Common Mobility Card (NCMC) program for concessionaires. Valued at hundreds of Cr, this initiative digitizes public transport payments for senior citizens, students, and persons with disabilities across Maharashtra, replacing fragmented paper processes with an Aadhaar-linked system. The program guarantees 7 Cr NCMC cards in its first year, scaling to over 20 Cr, with a national replication opportunity potentially worth thousands of Cr, enhancing transparency and convenience for millions.