Lexus Granito (India) (LEXUS) — deviation variation

Lexus Granito (India) Limited announced the appointment of Savjani & Associates as its internal auditor for FY 2026-27 and disclosed a deviation in utilization of funds raised through a preferential issue of convertible warrants, where only Rs 1074 lakhs of the originally allocated Rs 3200 lakhs for working capital were utilized, deviating from the stated purpose.

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About Lexus Granito (India) Limited (LEXUS)

Industrials · Building Products & Equipment · Listed on NSE

Market Cap: ₹58.19 Cr P/E: 34.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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