Lexus Granito (India) Limited — Important, 29-11-2024: Updates

The company has disclosed the cessation of Mr. Sagarbhai Rasikbhai Jasani as an Independent Director, effective November 26, 2024, upon completion of his tenure. The Board of Directors expresses its gratitude for his valuable contributions during his time in office. This change may prompt a reevaluation of the board's composition and its implications for corporate governance. Investors should watch closely for any subsequent appointments or strategic shifts within the board that could impact the company’s direction and operational effectiveness.