Lokesh Machines Allots 13 Lakh Equity Shares and 27.77 Lakh Warrants on Preferential Basis

4 min read     Updated on 06 May 2026, 02:03 PM
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Lokesh Machines Limited's Share Allotment Committee approved on May 06, 2026, the allotment of 13,00,000 equity shares to non-promoters at Rs. 181.71 each, aggregating Rs. 23,62,23,000, and 27,77,919 convertible warrants to promoters and non-promoters at Rs. 181.71 each, aggregating Rs. 50,47,75,661.49, pursuant to in-principle approvals from BSE and NSE dated April 30, 2026, under SEBI ICDR Regulations, 2018.

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Lokesh Machines Limited has completed the allotment of equity shares and convertible warrants on a preferential basis, following in-principle approvals received from BSE Limited and National Stock Exchange of India Limited on April 30, 2026. The Share Allotment Committee of the Board of Directors, at its meeting held on May 06, 2026, approved the allotment of 13,00,000 equity shares to non-promoters and 27,77,919 convertible warrants to promoters and non-promoters, at an issue price of Rs. 181.71/- per security. The preferential issue was carried out pursuant to the Board's approval on March 06, 2026, and the Members' approval at the Extra-Ordinary General Meeting dated April 03, 2026, under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Equity Share Allotment

The company allotted 13,00,000 equity shares of face value Rs. 10/- each, fully paid up, at an issue price of Rs. 181.71/- per share, including a premium of Rs. 171.71/- per equity share, aggregating to Rs. 23,62,23,000/-. With this allotment, the equity paid-up share capital of the company has increased from 19,996,770 equity shares to 21,296,770 equity shares of face value Rs. 10/- each. The allotted equity shares will be listed on BSE Limited and the National Stock Exchange of India Limited, and shall be subject to lock-in as specified under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The following table presents the details of equity share allottees:

S. No.: Name of Allottee Category No. of Equity Shares
1. Zenila Ventures LLP Non-Promoter 6,00,000
2. Mr. Satyajeet Sumant Khanolkar Non-Promoter 1,00,000
3. Mr. Rahul Das Rege Non-Promoter 1,00,000
4. RLP Securities Pvt Ltd Non-Promoter 1,66,000
5. Mr. Ravuri Mohana Chandra Vara Prasada Rao Non-Promoter 1,68,000
6. Mrs. R. Leela Prasad Non-Promoter 1,66,000
Total: 13,00,000

Convertible Warrant Allotment

The Share Allotment Committee also approved the allotment of 27,77,919 convertible warrants to promoters and non-promoters at an issue price of Rs. 181.71/- each, comprising a warrant subscription price of Rs. 45.4275/- per warrant (being 25% of the issue price) and an exercise warrant price of Rs. 136.2825/- per warrant (being the remaining 75%). The total amount received towards warrant subscription aggregates to Rs. 12,61,93,916/-, with the total issue aggregating to Rs. 50,47,75,661.49/-. Each warrant is convertible into one fully paid-up equity share of face value Rs. 10/- upon payment of the balance consideration of Rs. 136.2825/- per warrant at the time of exercise. The allotted warrants shall also be subject to lock-in as specified under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The following table presents the details of convertible warrant allottees:

S. No.: Name of Allottee Category No. of Warrants
1. Mr. Bollineni Kishore Babu Promoter 2,06,000
2. Mr. Mullapudi Srikrishna Promoter 9,57,000
3. Mr. Srinivas Mullapudi Promoter 8,37,000
4. Mr. Mullapudi Ajay Kumar Promoter Group 50,500
5. Mrs. Naga Satya Swaroopa Rani Mullapudi Promoter Group 92,655
6. Mr. Ashok Atluri Non-Promoter 5,00,000
7. Mrs. Rajini Meka Non-Promoter 1,00,000
8. Mr. Movva Srinivasa Rao Non-Promoter 21,042
9. Mr. G. Venkateswara Rao Non-Promoter 13,722
Total: 27,77,919

Key Issue Parameters

The table below summarises the key parameters of the preferential issue:

Parameter: Details
Equity Shares Allotted: 13,00,000
Convertible Warrants Allotted: 27,77,919
Issue Price: Rs. 181.71/- per security
Face Value: Rs. 10/- each
Equity Share Premium: Rs. 171.71/- per share
Equity Allotment Amount: Rs. 23,62,23,000/-
Warrant Subscription Received: Rs. 12,61,93,916/-
Total Warrant Issue Amount: Rs. 50,47,75,661.49/-
Allotment Committee Meeting: May 06, 2026
In-Principle Approval Date: April 30, 2026

Regulatory Compliance

The preferential issue has been carried out in compliance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company is required to apply for listing of the allotted equity shares within twenty days from the allotment date. Additionally, Lokesh Machines Limited must obtain a Utilisation Certificate from its Statutory Auditor on a quarterly basis and disclose the same under Regulation 30 of the LODR Regulations. Upon completion of installation of each machinery manufactured by the company, a Chartered Engineer's Certificate must also be obtained and disclosed under Regulation 30. The exchanges have reserved the right to withdraw the in-principle approval if any information submitted is found to be incomplete, incorrect, misleading, or false.

Historical Stock Returns for Lokesh Machines

1 Day5 Days1 Month6 Months1 Year5 Years
-2.10%+2.75%-6.52%+63.67%+40.11%+443.27%

How does Lokesh Machines plan to deploy the capital raised through this preferential issue, and which business segments or expansion projects are likely to benefit most?

Given that promoters received a significant portion of convertible warrants, what does the increased promoter stake signal about management's confidence in the company's near-term growth trajectory?

How might the potential dilution of up to 27,77,919 additional equity shares upon warrant conversion impact Lokesh Machines' earnings per share and stock valuation over the next 18 months?

Lokesh Machines Limited Submits Q4FY26 Compliance Certificate Under SEBI Regulation 74(5)

1 min read     Updated on 12 Apr 2026, 03:19 PM
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Lokesh Machines Limited filed its compliance certificate under SEBI Regulation 74(5) for Q4FY26, covering the quarter ended March 31, 2026. The certificate, validated by Registrar KFin Technologies Limited, confirms proper reporting of securities dematerialization/rematerialization activities to all relevant stock exchanges and depositories, demonstrating continued regulatory compliance.

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Lokesh machines Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The filing demonstrates the company's continued adherence to regulatory requirements governing depository operations and securities transactions.

Regulatory Compliance Filing

The compliance certificate was filed with both major Indian stock exchanges where the company's shares are traded. Company Secretary and Compliance Officer P. Kodanda Rami Reddy submitted the documentation to BSE Limited and National Stock Exchange of India Limited on April 09, 2026.

Exchange Details: Information
BSE Scrip Code: 532740
NSE Company Code: LOKESHMACH
Filing Date: April 09, 2026
Quarter Covered: March 31, 2026

Certificate Validation

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificates to both Central Depository Services (India) Limited and National Securities Depository Limited. Deputy Vice President Ganesh Chandra Patro signed the certificates on behalf of KFin Technologies Limited, dated April 01, 2026.

The certificates confirm that all details of securities dematerialized and rematerialized during the quarter ended March 31, 2026 have been properly furnished to stock exchanges as required under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Depository Operations Compliance

The filing covers both major depositories in India, ensuring comprehensive compliance across the securities ecosystem. The certificates were addressed to:

  • Central Depository Services (India) Limited at their registered office in Mumbai
  • National Securities Depository Limited at their Trade World office in Lower Parel, Mumbai

This quarterly compliance requirement ensures transparency in the dematerialization and rematerialization process of securities, maintaining investor confidence and regulatory oversight in the depository system.

Company Information

Lokesh Machines Limited operates from its registered office in Balanagar, Hyderabad, Telangana. The company maintains its corporate identification number as L29219TG1983PLC004319, reflecting its incorporation status and business classification in the machinery manufacturing sector.

Historical Stock Returns for Lokesh Machines

1 Day5 Days1 Month6 Months1 Year5 Years
-2.10%+2.75%-6.52%+63.67%+40.11%+443.27%

Will Lokesh Machines' consistent regulatory compliance improve its ESG ratings and attract institutional investors in the coming quarters?

How might the company's strong compliance track record position it for potential inclusion in SEBI's list of well-governed companies?

Could this regulatory adherence signal Lokesh Machines' preparation for any upcoming capital market activities or fundraising plans?

More News on Lokesh Machines

1 Year Returns:+40.11%