Lexus Granito (India) Limited has informed the National Stock Exchange that its Board of Directors met on February 26, 2026, to approve the receipt of the second tranche of consideration for convertible warrants. These warrants were issued at a price of Rs. 45.20 each, including a premium of Rs. 35.20. The current update specifically confirms the receipt of Rs. 45,00,000 (Rs. 4.5 Million) from Mr. Mal Chand Dugar towards the second tranche of payment for his allotted warrants.