Scruitnizer Report in respect of EGM of Company

Eraaya Lifespaces Limited held an Extra-Ordinary General Meeting on June 8, 2026 via video conferencing, where all 21 resolutions were approved by shareholders. Key items passed include changing the company's name, appointing four new directors (including two independent directors), issuing up to 3,12,41,250 convertible warrants on a preferential basis to promoter and non-promoter categories, and approving material related party transactions with group entities Vikas Lifecare and Advik Capital (same promoter group). Shareholders also approved converting loans into equity, raising funds through securities, expanding borrowing powers under Sections 180 and 185/186, and recouping intragroup service charges from subsidiaries. Most resolutions passed with around 79.5% support, but related party resolutions passed with only about 59.4% approval from non-promoter public shareholders, reflecting meaningful public dissent. There were 23,753 shareholders of record holding 21.43 crore shares in total.