Lexus Granito (India) Limited has informed the Exchange regarding Board meeting held on April 04, 2025 for allotment of 50,00,000 (Fifty Lakhs) Convertible Warrants to promoter and Non Promoter

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LEXUS · price

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Price reactionminutes from the announcement price · days from the prior close

-3.0%Reaction day

₹33.00

prior close

₹31.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-3.6%+0.6% vs market

Ceramics peers, median of 9sector-2.5%-0.5% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 0.5 pts less than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.4

10m

+1.4

15m

+1.6

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.0-3.6+0.6-2.5-0.5

Next day

-2.6-7.8+5.2-5.3+2.7

+0.3-5.6+5.9-5.0+5.3

+0.9-6.8+7.7-5.9+6.8

+0.0-3.6+3.6-3.1+3.1

-1.0-0.5-0.5-2.3+1.3

+2.8+1.1+1.7-0.1+3.0

15d

+2.4-1.2+3.6-0.7+3.1

+0.4+0.2+0.2-0.6+1.0

+4.4+11.1-6.7+23.1-18.7

+2.9+14.5-11.6+30.2-27.3

UpDownMarket · Nifty Microcap 250Sector · Ceramics peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lexus Granito (India) Limited held a board meeting on April 04, 2025 to approve the allotment of 50,00,000 (Fifty Lakhs) Convertible Warrants. These warrants are being issued to both Promoter and Non-Promoter categories of allottees. Convertible warrants give the holder the right (but not obligation) to convert them into equity shares of the company at a later date, subject to terms. The specific conversion price, terms, and timeline are not detailed in this filing. This is a capital-raising move that will lead to potential equity dilution once the warrants are converted into shares.

Likely market impact

Shareholders should note this is a potential future dilution event — when these warrants are converted into shares, existing shareholders' stake percentage will reduce. The promoter participation signals confidence, while non-promoter allotment indicates fresh capital infusion.