2/3 Wheelers
Management Change2 April 2026 at 01:41 pm

Two Independent Directors Resign from Eraaya Lifespaces Ltd over Governance Issues and Baseless Allegations

AI Summary

Eraaya Lifespaces Ltd has failed to disclose the resignation letters of two Independent Directors, Mr. Himanshu Mody and Mr. Vivek Dave, with the Stock Exchange. The resignations come in light of several non-compliances within the Company and its subsidiaries, and baseless allegations made against Mr. Mody. The allegations include non-investigation into serious issues raised by Mr. Mody and a dubious background of a fellow director, Mr. Vikas Garg.

Key Highlights

  • Two Independent Directors, Mr. Himanshu Mody and Mr. Vivek Dave, resign from Eraaya Lifespaces Ltd
  • Resignations due to several non-compliances within the Company and its subsidiaries
  • Baseless allegations made against Mr. Mody
  • Non-investigation into serious issues raised by Mr. Mody
  • Allegations of a dubious background against a fellow director, Mr. Vikas Garg