Eraaya Lifespaces Limited announced the appointment of Mr. Robin Raina (DIN: 00475045) as Chairman and Director; Dr. Vikas Garg (DIN:00255413) as Vice-Chairman and Director; Ms. Bhawna Sharma (DIN: 10288658) as Whole-time Director. Mr. Devender Kumar Garg (DIN: 02316543) as a Non-Executive, Independent Director; Mr. Ravi Kumar Gupta (DIN: 01018072) as a Non-Executive, Independent Director. Mr. Robin Raina is a visionary entrepreneur and the driving force behind EbixCash, leading it to prominence in global finance and insurance exchanges.

Since 1999, he has pioneered innovative concepts that propelled Ebix to be featured five times on Fortune's 100 Fastest Growing Companies list. With a remarkable 22-year track record of profitability and delivering over 110x shareholder return, Robin Raina epitomizes consistent financial success. Beyond business, Robin is a dedicated philanthropist who has significantly impacted lives by providing homes and education to thousands in India.

He is an alumnus of Thapar University, holding a degree in Industrial Engineering. Mr. Vikas Garg is a veteran businessman with over 25 years of diverse experience spanning Business Marketing, Strategic Planning, Financial Strategy, and specialization in Chemicals. Holding a Ph.D. in Business Administration, he has successfully steered the group from its conventional focus on polymer compounds and specialty chemical additives towards new age businesses.

His leadership has been pivotal in fostering the group's foray into new ventures, driving innovation and expansion into emerging markets. Mr. Garg provides strategic direction and guidance, setting the stage for sustainable growth and excellence in new business endeavors. Ms. Bhawna Sharma, MBA in Finance, possesses hands-on experience in the financial sector, specifically that of a Non- Banking Financial Company, with practical exposure of financial analysis, risk management, and strategic financial planning.

Her proficiency in navigating financial challenges makes her an asset in achieving organizational objectives effectively. Mr. Devender Kumar Garg is a seasoned banker with over four decades of experience, retired as Chief General Manager from a premier PSU Bank. His expertise includes managing NPAs, BIFR and CDR accounts, and chairing committees on securitization and asset reconstruction.

With qualifications in B.Com, Post-Graduation Diploma in Personnel Management, and CAIIB, he has also served as a director in multiple prestigious companies. Mr. Garg's profound knowledge spans banking, international banking environments, Indian economy, corporate affairs, and risk management, enhancing his strategic contributions to various organizations. Mr. Ravi Gupta is a distinguished professional with a Ph.D. in Commerce, alongside Master's degrees in MFC, MIB, M.Com, and PGDCA.

He boasts over 25 years of expertise in Financial Management, Business Policy, and Corporate Social Responsibility. His robust academic background and extensive professional experience underscore his leadership in driving strategic initiatives within the corporate sector. Announced the resignation of Ms. Sukriti Garg Ms. Bhawana Gupta, Ms. Meenakshi, Ms. Sony Kumari, Ms. Poonam Dhingra.

The new composition of the Board of Directors includes Mr. Robin Raina as Chairman and Director, Dr. Vikas Garg as Vice-Chairman and Director, Ms. Bhawna Sharma as Whole-time Director, Mr. Devender Kumar Garg, Mr. Ravi Kumar Gupta as Independent Director, and Ms. Swati Gupta. The Key Managerial Personnel (KMPs) of the company are Ms. Meenakshi as Chief Financial Officer, Ms. Shweta Singh as Chief Operating Officer, and Ms. Vasudha Aggarwal as Company Secretary & Compliance Officer. The new composition of the Audit Committee includes Mr. Devender Kumar Garg as Chairman (Non-Executive Independent), Mr. Ravi Kumar Gupta as Member, and Ms. Swati Gupta as Member.

The new composition of the Nomination and Remuneration Committee consists of Mr. Ravi Kumar Gupta as Chairman (Non-Executive Independent), Mr. Devender Kumar Garg as Member, and Ms. Swati Gupta as Member. The new composition of the Stakeholders and Share Transfer Committee comprises Ms. Swati Gupta as Chairperson (Non-Executive Independent), Mr. Ravi Kumar Gupta as Member, and Mr. Devender Kumar Garg as Member.