Eraaya Lifespaces Ltd Evaluating Scope and Manner of Disclosure Amidst Resignation Letters and Legal Proceedings

Eraaya Lifespaces Ltd has been making regular disclosures of material developments, including changes in the composition of its Board. The resignation letters in question arose in the context of interconnected developments involving ongoing legal proceedings. The Company, guided by applicable legal constraints, was evaluating the appropriate scope and manner of disclosure, and had approached the Hon'ble Delhi High Court for directions. This approach was based on a considered and bona fide assessment of the prevailing facts and circumstances at the relevant time. The Exchange has since disseminated the resignation letters, and the Company reiterates its commitment to compliance with the applicable provisions of the SEBI (LODR) Regulations, 2015.