Lokesh Machines COO Sandeep Avinash Dorle retires on July 10

0 min read     Updated on 09 Jul 2026, 01:28 PM
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Lokesh Machines announced the retirement of Chief Operating Officer Sandeep Avinash Dorle effective July 10, 2026, due to superannuation. The disclosure was made to the exchanges under Regulation 30 of the SEBI LODR Regulations.

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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 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.

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

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

Historical Stock Returns for Lokesh Machines

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+10.14%+24.59%+77.23%+52.01%+671.85%

Who will be appointed as the successor to Mr. Dorle, and how will this leadership transition impact operational continuity?

What strategic shifts or operational changes might the company pursue under new COO leadership?

How will the departure of the COO influence Lokesh Machines' short-term and long-term growth targets?

Lokesh Machines confirms no new encumbrance on promoter shares for FY26

1 min read     Updated on 07 Jul 2026, 05:52 AM
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Lokesh Machines Ltd disclosed no new encumbrance on promoter shares for FY ending Mar 31, 2026. The declaration, submitted to BSE and NSE, covers 22 individuals in the promoter and promoter group categories.

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Lokesh Machines Ltd has confirmed that no new encumbrance was created on shares held by its promoters or promoter group during the financial year ending March 31, 2026. This disclosure, submitted to the stock exchanges, ensures that apart from previously disclosed encumbrances, the promoters' shareholding remains free from fresh charges. The declaration was filed by Mullapudi Lokeswara Rao on behalf of the promoter and promoter group.

The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires an annual declaration confirming whether any new encumbrance has been made on shares directly or indirectly. The disclosure was addressed to BSE Limited and the National Stock Exchange of India Limited on April 04, 2026.

The declaration covers 22 individuals associated with the company. The list includes six individuals categorized as promoters and sixteen categorized as promoter group members. The submission confirms that the information provided is true and correct to the best of the declarant's knowledge.

Promoter and Promoter Group Details

S. No. Name Category
1. Mullapudi Lokeswara Rao Promoter
2. Bollineni Kishore Babu Promoter
3. Mullapudi Srikrishna Promoter
4. Mullapudi Srinivas Promoter
5. Mullapudi Kanakadurga Promoter
6. Srirekha Cherukuri Promoter
7. Bollineni Vijaya Lakshmi Promoter Group
8. Naga Satya Swaroopa Rani Mullapudi Promoter Group
9. Gutta Sairam Prasad Promoter Group
10. Late Mullapudi Vijayalakshmi Promoter Group
11. G. Kamala Devi Promoter Group
12. Ganne Annapurna Promoter Group
13. Mullapudi Vasantha Lakshmi Promoter Group
14. Krishna Swamy Kallahalla Promoter Group
15. Bollineni Sri Harsha Promoter Group
16. Ajay Kumar Mullapudi Promoter Group
17. Mullapudi Rama Mohan Rao Promoter Group
18. Asha Kiran Cherukuri Promoter Group
19. Bollineni Shilpa Promoter Group
20. Mullapudi Likhitha Promoter Group
21. Sai Kiran Cherukuri Promoter Group
22. Mullapudi Siddharth Promoter Group

Historical Stock Returns for Lokesh Machines

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+10.14%+24.59%+77.23%+52.01%+671.85%

How might the absence of new encumbrances influence investor confidence in Lokesh Machines Ltd's financial stability?

What are the potential market implications if the promoters decide to leverage their shares in the future?

How does this disclosure align with the company's long-term strategic goals and capital allocation plans?

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1 Year Returns:+52.01%