We hereby informed the Exchange regarding Intimation of Trading Approval received for 3,00,000 fully paid-up equity shares allotted pursuant to conversion of warrants on a preferential basis by the Company under Regulation 30 of the SEBI (LODR) Regulations, 2015.
LEXUS · price
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Lexus Granito (India) Limited has received listing approval from NSE for 3,00,000 equity shares of Rs. 10 each. These shares were allotted through conversion of warrants issued via a preferential issue. The shares are listed and admitted to dealings on NSE from April 9, 2026. The shares are subject to a lock-in period until October 15, 2026, as per the exchange communication. This represents fresh equity issuance through warrant conversion rather than secondary market trading.
Existing shareholders face dilution as new shares are issued via preferential warrant conversion. The lock-in expiry on October 15, 2026 will determine when these shares become freely tradeable in the market.