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Eraaya Lifespaces has resolved a long-standing shareholder matter concerning Ebix Payment Services, a step-down subsidiary, following Bombay High Court approval of a settlement. This issue stemmed from legacy arrangements under previous management and was not part of Eraaya's original acquisition. The company executed a buyout of minority shareholding for approximately INR 180 Cr, to be paid over an agreed timeframe. This decisive action eliminates uncertainty, simplifies the group structure, enhances operational flexibility, and allows for a sharper strategic focus on core priorities, reflecting a strong commitment to governance and long-term value creation for stakeholders.