Appointment of Directors

EBIX LIMITED (Formerly known as Eraaya Lifespaces Limited) CIN: L 74899 DL 1967 PLC 004704 Corporate Office: Vikas House,3, Arihant Nagar Punjabi Bagh West, Delhi-110026 October 06, 2026 Listing Compliance Department BSE Limited Phirozee Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400 001 Scrip Code: 531035 (ISIN: INE432F01032) Subject: Outcome of Board Resolutions passed by Circulation on October 06, 2026 Dear Sir/Ma’am, In compliance with the provisions of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, by resolutions passed by circulation on October 06, 2026, inter-alia, transacted the following: 1. CHANGES IN THE COMPOSITION OF THE BOARD OF DIRECTORS In continuation of the Board-composition framework being pursued by the Company, the Board of Directors has undertaken a considered and structured exercise to ensure the requisite numerical and category-wise composition of the Board, with due regard to the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), as well as the principles of governance continuity, appropriate Board strength and category-wise representation, while having regard to the directions of the Hon’ble National Company Law Tribunal, New Delhi Bench (“NCLT”), vide its order dated 13 February 2025, concerning the status quo in the composition of the Board pending further orders, and, in furtherance thereof and within the applicable statutory and regulatory framework, the Board considered and approved the cessation of three Independent Directors, namely (i) Ms. Ila Gupta (DIN: 06410275), (ii) Mr. Anil Kumar (DIN: 09477565) and (iii) Mr. Devender Kumar Garg (DIN: 02316543), and, in furtherance of continuity and the requisite category-wise composition of the Board, the appointment of (i) Dr. Praveen Kumar Gupta (DIN: 11950022), (ii) Dr. Satvir Singh Deswal (DIN: 09554376) and (iii) Dr. Viney Kapoor Mehra (DIN: 11976305) as Additional Directors in the category of Non- Executive Independent Directors, with effect from October 06, 2026, pursuant to the recommendation of the Nomination and Remuneration Committee, subject to the approval of the Members by way of Special Resolution within the period prescribed under applicable law. In compliance with the SEBI Letter dated June 14, 2018 and BSE Circular No. LIST/COMP/14/2018-19, the Company confirms that none of the aforesaid appointees is debarred from holding office as a Director by virtue of any order of SEBI or any other such authority. The requisite disclosures under Regulation 30 of the SEBI LODR Regulations read with the applicable SEBI Master Circular are enclosed as Annexure – I, and the resignation letters received from the aforesaid Directors are enclosed as Annexure – II. Consequent upon the aforesaid changes in the composition of the Board, the Board also approved the consequential reconstitution of its Committees, namely the Audit Committee, Nomination and Remuneration Committee, Stakeholders’ Relationship Committee, Risk Management Committee, ESG Committee, Executive Committee and High-Powered Steering Committee. The revised composition of the aforesaid Committees is enclosed herewith as Annexure – III. www. eraayalife. com + 91 1 1 44191919 contact@ eraayalife. com Regd. Office: 54, Janpath, New Delhi, India-1 10001 EBIX LIMITED (Formerly known as Eraaya Lifespaces Limited) CIN: L 74899 DL 1967 PLC 004704 Corporate Office: Vikas House,3, Arihant Nagar Punjabi Bagh West, Delhi-110026 2.RECONSTITUTION OF BOARD OF DIRECTORS OF EBIX INC. Pursuant to the Stockholders Agreement dated August 30, 2024, under which Ebix Limited, being the shareholder of Ebix Inc., has the exclusive right to nominate and designate the directors to the Board of Directors of Ebix Inc., and in compliance with Regulation 24(1) of the SEBI LODR Regulations, 2015, the Board approved the nomination of Mr. Ravi Kumar Gupta, Independent Director of the Company, for appointment as Director and Chairman of Ebix Inc. in place of Mr. Devender Kumar Garg. The appointment shall be effected by the Board of Directors of Ebix Inc. in accordance with the applicable provisions. The revised composition of the Board of Directors of Ebix Inc. is enclosed herewith as Annexure – IV. You are requested to kindly take the same on record and oblige. Thanking You, Yours Faithfully, For Ebix Limited (Formerly known as Eraaya Lifespaces Limited) Urvashi Upadhyay Company Secretary and Compliance Officer Encl: a/a www. eraayalife. com + 91 1 1 44191919 contact@ eraayalife. com Regd. Office: 54, Janpath, New Delhi, India-1 10001 EBIX LIMITED (Formerly known as Eraaya Lifespaces Limited) CIN: L 74899 DL 1967 PLC 004704 Corporate Office: Vikas House,3, Arihant Nagar Punjabi Bagh West, Delhi-110026 ANNEXURE – I The details under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with the applicable SEBI Master Circular are as follows: I/(i) Appointment: Dr. Praveen Kumar Gupta S. No. Particulars Details 1. Name Dr. Praveen Kumar Gupta Appointment as Additional Director in the category of 2. Reason for change Non-Executive Independent Director Date of Approval for 3. October 06, 2026 Appointment Dr. Praveen Kumar Gupta, Ph.D. in Law, LL.B. and LL.M., is a legal professional, academician and researcher with over two decades of experience spanning legal education, teaching, research, academic leadership and institutional administration. He is presently Professor & Head, Department of Law, Maharaja Agrasen Institute of Management Studies 4. Brief Profile (MAIMS), Delhi. His extensive academic and research experience, supported by his in hand legal practical expertise of almost a decade, and institutional leadership, provides him with strong analytical capabilities and an informed understanding of complex legal and regulatory environments, relevant to the Board’s oversight of governance, regulatory compliance, risk and policy matters.. Disclosure of relationships 5. No. Not related to any existing / new Director. between directors www. eraayalife. com + 91 1 1 44191919 contact@ eraayalife. com Regd. Office: 54, Janpath, New Delhi, India-1 10001 EBIX LIMITED (Formerly known as Eraaya Lifespaces Limited) CIN: L 74899 DL 1967 PLC 004704 Corporate Office: Vikas House,3, Arihant Nagar Punjabi Bagh West, Delhi-110026 I/(ii) Appointment: Dr. Satvir Singh Deswal Particulars Details 1. Name Dr. Satvir Singh Deswal Appointment as Additional Director in the category of 2. Reason for change Non-Executive Independent Director Date of Approval for 3. October 06, 2026 Appointment Dr. Satvir Singh Deswal, Doctorate in Electrical Engineering, is an academician, researcher and higher education administrator with nearly three decades of experience in teaching, research, academic leadership, institutional administration and quality assurance. He is presently Additional Director and Professor of Electrical & Electronics Engineering at Maharaja Agrasen Institute of Technology (MAIT), Delhi, and has also served as Officiating Director and Dean (Academics) of the Institute. 4. Brief Profile His extensive experience in academic and institutional leadership, coupled with demonstrated expertise in governance, academic administration, quality assurance, technology, institutional processes and strategic decision-making, provides him with strong analytical and institutional capabilities relevant to the Board’s oversight of governance, risk management, operational processes, technology and strategic matters Disclosure of relationships 5. No. Not related to any existing / new Director. between directors www. eraayalife. com + 91 1 1 44191919 contact@ eraayalife. com Regd. Office: 54, Janpath, New Delhi, India-1 10001 EBIX LIMITED (Formerly known as Eraaya Lifespaces Limited) CIN: L 74899 DL 1967 PLC 004704 Corporate Office: Vikas [Showing first 8,000 characters — download PDF for full document]