Lokesh Machines COO Sandeep Avinash Dorle retires on July 10

Lokesh Machines has announced the retirement of its Chief Operating Officer, Sandeep Avinash Dorle, effective from the close of business hours on July 10, 2026. The executive is relieved from his services consequent to his superannuation. The company informed the stock exchanges regarding this change in senior management personnel pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Change in Senior Management Personnel

The transition follows the superannuation of the executive. The company submitted the necessary disclosures to BSE Limited and National Stock Exchange of India Limited, complying with the relevant SEBI circulars, including Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Particulars	Details
Name & Designation	Mr. Sandeep Avinash Dorle Chief Operating Officer (COO)
Reason for Change	Superannuation
Date of Cessation	Close of business hours of July 10, 2026
Term of Appointment	Not Applicable
Brief Profile	Not Applicable
Disclosure of relationship between Directors	Not Applicable

The disclosure was signed by P. Kodanda Rami Reddy, Company Secretary & Compliance Officer of Lokesh Machines Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.15%	-0.52%	+24.22%	+93.22%	+65.14%	+685.13%

Lokesh Machines has been removed from the U.S. Office of Foreign Assets Control (OFAC) sanctions list, with its previously blocked assets now unblocked. The development was confirmed by India's Ministry of External Affairs (MEA).

Sanctions Removal Confirmed by MEA

According to the MEA, Lokesh Machines has been formally delisted from the U.S. OFAC sanctions list. The unblocking of assets associated with the company follows this delisting, marking a notable regulatory development for the firm.

Parameter:	Details
Company:	Lokesh Machines
Regulatory Body:	U.S. Office of Foreign Assets Control (OFAC)
Development:	Removed from sanctions list
Asset Status:	Unblocked
Confirming Authority:	Ministry of External Affairs (MEA)

The removal from the OFAC sanctions list and the unblocking of assets represents a significant compliance and regulatory milestone for Lokesh Machines, as confirmed by the MEA.