Lexus Granito (India) (LEXUS) — deviation variation

📢 Key Event
Board approved unaudited Q1 FY2026 results and disclosed fund utilization deviation under SEBI LODR Regulation 32.

💡 Investor Takeaway
Shareholders should note the company maintained strict adherence to fund allocation plans with no material deviation reported.

Lexus Granito (India) Limited announced the unaudited financial results for Q1 FY2026 and disclosed a deviation in fund utilization for its preferential issue of convertible warrants. The board approved the quarterly results and the variation report under SEBI LODR Regulation 32. The filing confirms no deviation in fund usage, with proceeds allocated to issue expenses, loan repayment, working capital, and general corporate purposes as originally planned. The company emphasized compliance with Indian Accounting Standards and limited review assurance by Keyur Shah & Associates.

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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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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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