Eraaya Lifespaces Ltd — Important, 29-04-2026: Company Update

The company's fund-raising committee approved the allotment of 1.275 Cr equity shares, each with a face value of Re. 1 and an issue price of Rs. 81. These shares were allotted to Just Right Life Limited, a promoter group entity, following the conversion of previously issued warrants. This conversion, upon receipt of the balance payment, increased the company's issued and paid-up capital to Rs. 21.43 Cr. This move signifies the strengthening of the promoter's stake and fresh capital infusion for the company's operations.