Eraaya Lifespaces Ltd — Important, 28-04-2026: Company Update

The company's Fund-Raising Committee approved the allotment of 3.2 Cr equity shares, each with a face value of Re. 1, at an issue price of Rs. 81. These shares were issued to Just Right Life Limited, a promoter group entity, following the conversion of previously issued warrants. This conversion increases the company's issued and paid-up capital to Rs. 21.30 Cr, now comprising 21.30 Cr equity shares. Post-allotment, Just Right Life Limited's stake increased to 6.44% with 1.37 Cr shares.