Shareholders meeting

Date: th September, 2026 To, 17 National Stock Exchange of India Limited “Exchange Plaza”, C-1, Block G, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051 Dear Sir / Madam, Sub: Submission of Annual Report for Financial Year 2025-26 Ref: Symbol: LEXUS/ Series: EQ Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the 18th Annual General Meeting (“AGM”) of the Company to be held on Wednesday, 30th September, 2026 at 4:30 P.M. through Video Conferencing (VC) / Other Audio Video Means (OAVM). Kindly take the same on your record and oblige us. Thanking You. For, Lexus Granito (India) Limited Anilkumar Babulal Detroja Managing Director DIN: 03078203 LEXUS GRANITO (INDIA) LIMITED 18TH ANNUAL REPORT 2025-26 INDEX Sr. No. Particulars Page No. 1. Company Information 04 2. Notice of Annual General Meeting 05 3. Director’s Report 17 3A. Annexure I – Corporate Governance Report 30 Annexure II – Management Discussion and Analysis 3B. 52 Report 3C. Annexure III – Secretarial Audit Report 57 4. Independent Auditor’s Report 66 5. Financial Statements for the Financial Year 2025-26 82 5A. Balance Sheet 82 5B. Statement of Profit and Loss 84 5C. Cash Flow Statement 85 5D. Notes to Financial Statement 87 COMPANY INFORMATION Board of Directors Mr. Anilkumar Babulal Detroja Managing Director Mr. Hitesh Babulal Detroja Whole-time Director Mrs. Dimpalben Anilbhai Detroja Non-Executive Non- Independent Director Mr. Jitendrabhai Chandulal Lakhtariya Non-Executive Independent Director Mr. Chirag Mukeshbhai Hirani Non-Executive Independent Director Mr. UmangKumar Mahendrabhai Non-Executive Independent Jagodana Director Audit Committee Mr. Jitendrabhai Chandulal Lakhtariya Chairperson Mr. Anilkumar Babulal Detroja Member Mr. Chirag Mukeshbhai Hirani Member Nomination and Mr. Jitendrabhai Chandulal Lakhtariya Chairperson Remuneration Committee Mr. UmangKumar Mahendrabhai Member Jagodana Mr. Chirag Mukeshbhai Hirani Member Stakeholders’ Mr. Jitendrabhai Chandulal Lakhtariya Chairman Relationship Mr. Hitesh Babulal Detroja Member Committee Mrs. Dimpalben Anilbhai Detroja Member Key Managerial Personnel Mr. Anilkumar Babulal Detroja Managing Director Mr. Hitesh Babulal Detroja Whole-time Director Mr. Pravinbhai G Patel Chief Financial Officer Ms. Preeti Agarwal Company Secretary & Compliance Officer Statutory Auditor M/s. Keyur Shah & Associates, Chartered Accountants, Head Office: 303, Shitiratna, B/s. Radisson Blu Hotel, Nr. Panchvati Circle, Ambawadi, Ahmedabad-380006, Gujarat, India Secretarial Auditor M/s. Jitendra Parmar & Associates, Company Secretaries, Ahmedabad Share Transfer Agent Big Share Services Private Limited Registered office: Office No S6-2, 6th floor Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093, India Registered Office Survey No. 800, Opp. Lakhdhirpur Village Lakhdhirpur Road, N. H. 8a, Tal. Morbi, Rajkot, Lakhdhirpur, Gujarat, India – 363 642 NOTICE OF THE 18TH ANNUAL GENERAL MEETING (“AGM”) Notice is hereby given that the 18th Annual General Meeting (“AGM”) for the Financial Year 2025-26 of the Shareholders of “Lexus Granito (India) Limited” (“Company”) will be held on Wednesday, 30th September, 2026 at 04:30 P.M. (IST) through Video Conferencing (“VC”) / Other Audio Video Means (“OAVM”) to transact the following businesses: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31st March, 2026 and Statement of Profit and Loss Account together with the notes forming part thereof and Cash Flow Statement for the financial year ended on that date, and the reports of the Board of Directors (The “Board”) and Auditors thereon. To consider and if thought fit, to pass with or without modification(s) the following Resolution as an Ordinary Resolution: “RESOLVED THAT, the Audited Financial Statement of the Company for the year ended 31st March, 2026 and the Report of the Directors and the Auditors thereon, placed before the Meeting, be and are hereby considered and adopted.” 2. To appoint a director in place of Mr. Hitesh Babulal Detroja (DIN: 02760273), who is retiring by rotation and being eligible, offers himself for re-appointment: To consider and if thought fit, to pass with or without modification(s) the following Resolution as an Ordinary Resolution. “RESOLVED THAT, Mr. Hitesh Babulal Detroja (DIN: 02760273), who retires by rotation from the Board of Directors, pursuant to the provisions of Section 152 of the Companies Act, 2013 and Articles of Association of the Company and being eligible, offers himself for re-appointment, be and is hereby re-appointed as the Director of the Company.” SPECIAL BUSINESS: 3. Appointment of M/s. Jay Pandya & Associates, Practicing Company Secretaries, Ahmedabad (FRN: S2024GJ963300) as the Secretarial Auditor of the Company for a Period of Five (5) Years: To consider and if thought fit, to pass with or without modification(s), the following resolution as Ordinary resolution: “RESOLVED THAT, pursuant to the provisions of Regulation 24A and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘SEBI Listing Regulations’), Section 204 of the Companies Act, 2013 (“Act”) and other applicable provisions of the Act, if any and the Rules framed thereunder, as amended from time to time, and based on the recommendation of the Audit Committee and the Board of Directors of the Company (hereinafter referred to as the ‘Board’), M/s. Jay Pandya & Associates, Practicing Company Secretaries, Ahmedabad (FRN: S2024GJ963300, Peer Review Certificate No. 5532/2024) (Membership No.: ACS – 63213) be and are hereby appointed as the Secretarial Auditor of the Company for an Audit period of five consecutive years commencing from F.Y. 2026-27 until F.Y. 2030-31, on such remuneration as may be mutually agreed upon between the Board and the Secretarial Auditor. “RESOLVED FURTHER THAT, the Board of Directors of the Company (which term shall be deemed to include any Committee of the Board constituted to exercise its powers, including the powers conferred by this Resolution) be and is hereby authorised to take all such steps as may be necessary, proper and expedient to give effect to this resolution.” Registered Office: By the Order of the Board of Survey No. 800, Opp. Lakhdhirpur Lexus Granito (India) Limited Village Lakhdhirpur Road, N. H. 8-A, Tal. Morbi, Rajkot, Gujarat, India – 363 642 Sd/- Sd/- Anilkumar Babulal Detroja Hitesh Babulal Detroja Place: Morbi Managing Director Whole-time Director Date: 8th September, 2026 DIN: 03078203 DIN: 02760273 NOTES 1. The relevant Statement pursuant to the provisions of Section 102 of the Companies Act, 2013 (‘Act’) read with Section 110 of the Act and Rule 22 of the Companies (Management and Administration) Rules, 2014 (‘Rules’), each as amended, setting out the material facts relating to the aforesaid Resolutions and the reasons thereof is annexed hereto and forms part of this Notice. 2. The 18th Annual General Meeting (“AGM”) will be held on Wednesday, 30th September, 2026 at 04:30 P.M. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), in compliance with the applicable provisions of the Companies Act, 2013 read with Ministry of Corporate Affairs’ (“MCA”) General Circular no. 09/2024 dated September 19, 2024, issued by the Ministry of Corporate Affairs (MCA) and Circular issued by SEBI vide Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024 (“SEBI Circular”), other applicable circulars and notifications issued (including any statutory modifications or reenactment thereof) for the time being in force and as amended from time to time and the provisions of the Companies Act, 2013 (“Act”), SEBI (Listing Obligations and Disclosure Requirements) Re [Showing first 8,000 characters — download PDF for full document]