Lokesh Machines has notified the BSE Limited and the National Stock Exchange of India Limited of an upcoming Board of Directors meeting, scheduled for Tuesday, May 26, 2026. The intimation has been filed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to transact the following key business:

The primary agenda includes considering and approving the audited financial results of the company for the quarter and full year ended March 31, 2026, along with any other matter as permitted by the Chair.

Trading Window Closure

In accordance with the Code of Conduct for Internal Procedures to Regulate, Monitor and Report Trading by Insiders, framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, the Trading Window for dealing in the securities of Lokesh Machines will continue to remain closed. The closure applies to all Insiders, Designated Persons, and their immediate relatives, and will remain in effect until the expiry of 48 hours after the audited financial results for the quarter and year ended March 31, 2026 are declared and made public.

The intimation was signed by P. Kodanda Rami Reddy, Company Secretary & Compliance Officer, on behalf of Lokesh Machines, and was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at the National Stock Exchange of India Limited.

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:

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:

Key Issue Parameters

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

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.