LEXUSNSELexus Granito (India) LimitedMediumNeutral
Announced Tue, 24 Mar · 18:27 IST

Lexus Granito (India) Limited has informed the Exchange regarding Change in Auditors of the company.

Auditor Resigned MidtermManagement Changes View source PDF

LEXUS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹26.02
prior close
₹24.72
base price
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+0.0+0.0+0.0+0.0-0.2-5.2-9.9-14.4-10.1-9.6-25.5-29.3-27.7-46.2
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AI summary

Lexus Granito (India) Limited announced a change in its Secretarial Auditor on 24th March 2026. M/s. M. R. Bhatia & Co. resigned as Secretarial Auditor citing pre-occupation with other assignments, with the resignation taking immediate effect. The company has appointed M/s. Jitendra Parmar & Associates, a peer-reviewed firm under ICSI with 9+ years of experience, as the new Secretarial Auditor for FY 2025-26. The resigning auditor confirmed there are no material reasons or concerns regarding the company's management, and the change was noted and approved at the Board meeting held on the same day.

Likely market impact

This is a routine change in the secretarial auditor (not the statutory auditor) with no governance red flags — the outgoing firm cited workload as the reason and raised no concerns. Minimal impact expected on the stock or shareholders.