Eraaya Lifespaces seeks shareholder approval to change name to Ebix Limited and appoint four new directors at June 2026 EGM.
Company proposes preferential allotment of 28.6 lakh shares via share swap and ₹100 crore warrant issuance to fund business operations.
Shareholders to consider raising ₹325 crore through various instruments and increasing borrowing limit to ₹3,500 crore.
EGM agenda includes approval of material related party transactions up to ₹500 crore with Vikas Lifecare and ₹1,000 crore with Advik Capital.