Eraaya Lifespaces Ltd — Important, 23-04-2026: Company Update

The company's fund-raising committee approved the allotment of 31.25 lakh equity shares, each with a face value of Re. 1 and an issue price of Rs. 81. These shares were issued to Just Right Life Limited, a promoter group entity, following the conversion of previously allotted warrants. This conversion, which brought in Rs. 25.31 Cr, increases the company's issued and paid-up capital to Rs. 20.98 Cr, consisting of 20.98 Cr equity shares. This move strengthens the company's capital base by converting warrants into equity.