* Lexus Granito (India) Limited's Board of Directors, in a meeting held on 18th November, 2025, approved the allotment of 3,00,000 fully paid-up Equity Shares. * These shares were allotted to Mr. Virendra Dugar, a non-promoter category allottee, pursuant to the conversion of 3,00,000 convertible warrants. * The issue price for each equity share is ₹45.20 (including a premium of ₹35.20). * The company received the balance 75.00% of the issue price, amounting to ₹33.90 per warrant, aggregating to ₹1,01,70,000. * Consequent to this conversion, the paid-up equity share capital of the company increased from ₹20,19,07,240 (2,01,90,724 equity shares) to ₹20,49,07,240 (2,04,90,724 equity shares). * An application for listing and trading approval for these newly allotted shares will be made to the Stock Exchange. * A total of 92,04,424 convertible warrants remain outstanding for conversion within 18 months from their allotment dates (3rd April, 2025 and 4th April, 2025).
