New Delhi, Feb. 22 -- Eraaya Lifespaces shares are one of the multibagger small-cap stocks under Rs.100 that the Indian stock market has delivered in recent years. The small-cap stock will be in focus when trading resumes on Monday. The small-cap stock under Rs.100 received sell-off pressure on Friday after the litigation raised by Vikas Lifecare in connection to the acquisition of Ebix Inc. Both companies informed the Indian exchanges about the development via exchange filing.

In an exchange filing to the BSE, Vikas Lifecare said, "We wish to inform you that the Company i.e. Vikas Lifecare Limited, as member of the Consortium led by Eraaya Lifespaces Limited (Eraaya), which acquired Ebix Inc., under Chapter 11 proceedings from U.S. Bank...