Outcome of Board Meeting held on April 03, 2025 for allotment of 45, 04,424 Convertible warrants

Lexus Granito (India) Limited has allotted 45,04,424 fully convertible warrants on a preferential basis to specified investors at an issue price of Rs. 45.20 per warrant. The allotment follows prior approvals from the Board of Directors and the company's members, as well as in-principle approval from NSE Limited. Each warrant is convertible into one fully paid-up equity share upon payment of the remaining consideration amount.

Shares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.

• Who the allottees are
• Issue price versus market price
• Lock-in period on the new shares