EBIX

Ebix Limited’s monitoring agency report for the quarter ended June 30, 2026, said ₹46.15 crore from its preferential issue of compulsorily convertible warrants had been transferred for working capital, including ₹41.65 crore to Ebix Travels, ₹2.23 crore to Ebix Technologies and ₹2.27 crore to Vikas Lifecare. CARE Ratings classified the range of deviation at 10-25% and said it had not received account statements, purpose details, counterparties or invoices needed to assess the use of the funds at the recipient entities. The company’s board said the transfers matched the stated working-capital object and that there was no deviation, while the issue had been reduced to ₹218.70 crore from an original ₹1,028.70 crore because it was undersubscribed. Ebix Limited had received ₹206.55 crore by June 30 and reported ₹206.51 crore as utilised, leaving ₹0.04 crore in the monitoring account. The group operated across technology, payments, travel and emerging businesses, with payments the most operationally visible vertical but no filed revenue mix or transaction-fee economics.

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Ebix Limited's EbixCash payments business and the Maharashtra State Road Transport Corporation (MSRTC) crossed 1 crore registrations in their National Common Mobility Card programme on 12 August, with nearly 66 lakh cards activated. The NCMC-based card enabled contactless travel payments for MSRTC commuters and was designed to work across participating public-transport systems and other eligible acceptance points. EbixCash supplied the programme's card issuance, activation, top-up and transaction-processing infrastructure, and operated through a distribution network of more than 650,000 outlets. Its payments business had recently received RBI approval for trade remittances and integrated its prepaid wallet with BHIM UPI, while the listed holding company had no public revenue split by operating segment.

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Ebix Limited announced that its subsidiary, EbixCash World Money, has received approval from the Reserve Bank of India to undertake trade remittances, becoming the first non-bank institution in the country to secure such a license. The approval broadens the scope of the subsidiary's existing Authorised Dealer Category-II license, allowing it to handle cross-border trade payments in compliance with FEMA regulations. EbixCash operates a large foreign exchange and payments network, and the new capability is expected to complement its existing services for corporate and retail clients. The CEO described the approval as an important milestone that will enable the company to serve businesses engaged in international trade with technology-driven solutions. The company did not disclose any financial terms or immediate revenue impact from the approval.

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July 20 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

AMADEUS AMA.MC

An Indian court ordered the enforcement of an arbitration award requiring Ebix's EBIL.BO Indian unit to pay Amadeus €9.7 million, advancing the Spanish travel technology group's recovery of funds tied to a failed 2019 partnership agreement, Spanish newspaper Expansion reported on Sunday.

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Ebix Limited (formerly Eraaya Lifespaces) disclosed that one of its promoters and directors, Vikas Garg, has been taken into custody by the Enforcement Directorate under the Prevention of Money Laundering Act. The company said the arrest is linked to the previously reported ED proceedings concerning investments by certain foreign entities and FPIs in its securities. Business operations continue in the ordinary course, and the company is evaluating the matter with legal advisors. This development follows a provisional attachment order disclosed in June 2026 and earlier ED actions.

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May 11 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• ERAAYA LIFESPACES LTD - APPROVED FUND-RAISING OF UP TO 4.25 BILLION RUPEES

Source text: ID:nBSE54DzXk

Further company coverage: ERAA.BO

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Jan 13 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• SEEKS SUMMARY DISMISSAL OF ALLEGED BONDHOLDERS’ CLAIMS IN UK FCCB DISPUTE

Source text: ID:nBSE7GBLyJ

Further company coverage: ERAA.BO

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July 22 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• UNIT EBIX TECHNOLOGIES WINS 1.40 BILLION RUPEES MSRTC DEAL

Source text: ID:nBSE3HlYjL

Further company coverage: ERAA.BO

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March 27 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• UNIT SIGNS AGREEMENT TO MANAGE TRAVEL FOR THREE T20 CRICKET TEAMS

Source text: ID:nBSE2NZbQj

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March 17 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• ERAAYA LIFESPACES LTD - INITIATES LEGAL ACTION AGAINST ELARA CAPITAL FOR $40 MILLION

• ERAAYA LIFESPACES - INITIATED LEGAL ACTION IN HIGH COURT OF JUSTICE, ENGLAND AND WALES

Source text: ID:nBSECbjj9

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Jan 31 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• ACCEPTS RESIGNATIONS OF INDEPENDENT DIRECTORS VIVEK DAVE AND HIMANSHU MODY

• BOARD RECORDS SERIOUS CONCERNS REGARDING CONDUCT OF RESIGNED DIRECTORS

Source text: ID:nBSE8DZ0TS

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Dec 12 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• EBIXCASH SELECTED TO OPERATE AND MANAGE ITI LIMITED DATA CENTER-1

• CONTRACT VALUE EXCEEDS 1 BILLION RUPEES OVER FIVE YEARS

Source text: ID:nBSE1t1Vxv

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Oct 14 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• UNIT GETS MULTI-YEAR CONTRACTS WITH ANNUAL CONTRACT VALUE OF 250 MILLION RUPEES

Source text for Eikon: ID:nBSE5JY1gj

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Oct 3 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• EXERCISED OVERALLOTMENT OPTION FOR FOREIGN CURRENCY CONVERTIBLE BONDS

• PROCURED ADDITIONAL SUBSCRIPTION OF $60 MILLION

Source text for Eikon: ID:nBSE4Pr1Ws

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Aug 14 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• ERAAYA LIFESPACES - COMPLETES QIP ISSUE, RAISES 2.49 BILLION RUPEES

• ERAAYA LIFESPACES - FUND TO BE UTILIZED TOWARDS ACQUISITION OF EBIX INC

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Aug 5 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• AGREEMENT TO BUY EBIX GONE THROUGH FINAL APPROVAL AT BANKRUPTCY COURTS DALLAS

Source text for Eikon: ID:nBSE2Hn3Gc

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June 26 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• ERAAYA LIFESPACES LTD - TO CONSIDER ISSUANCE OF SECURITIES UPTO $150 MILLION

Source text for Eikon: ID:nBSE5LP0d1

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June 19 (Reuters) - Eraaya Lifespaces Ltd ERAA.BO:

• PLAN SUPPORT AGREEMENT SUBMITTED BY CONSORTIUM LED BY CO TO BUY EBIX INC. APPROVED BY INDEPENDENT DIRECTORS OF EBIX

Source text for Eikon: ID:nBSE3n0CDk

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Oct 18 (Reuters) - Justride Enterprises Ltd JUSR.BO:

• TO CONSIDER FUNDS RAISING

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Aug 24 (Reuters) - Justride Enterprises Ltd JUSR.BO:

• JUSTRIDE ENTERPRISES LTD - SUKRITI GARG NAMED MD

• JUSTRIDE ENTERPRISES LTD - NAMES BHAWANA GUPTA AS CEO

Source text for Eikon: ID:nBSE8fLr11

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July 19 (Reuters) - Justride Enterprises Ltd JUSR.BO:

• TO WITHDRAW PREFERENTIAL ISSUE OF FULLY CONVERTIBLE WARRANTS ON PREFERENTIAL BASIS WORTH UP TO 250 MILLION RUPEES

• APPROVED FRESH ISSUANCE AND ALLOTMENT OF CONVERTIBLE WARRANTS ON PREFERENTIAL BASIS WORTH UP TO 162.5 MILLION RUPEES

Source text for Eikon: ID:nBSE87Hxd

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April 4 (Reuters) - Justride Enterprises Ltd JUSR.BO:

• TO CONSIDER RAISING OF FUNDS

Source text for Eikon: ID:nBSE34N2zj

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