Lokesh Machines Secures ₹9.50 Crore Order from SSB for SMG Carbine Supply
Lokesh Machines Limited announced a significant ₹9.50 crore defense contract from Sashastra Seema Bal for supplying latest SMG (9x19mm Carbine) with accessories. The domestic supply order, disclosed under SEBI Regulation 30, has a 180-day execution timeline and strengthens the company's position in India's defense manufacturing sector.
*this image is generated using AI for illustrative purposes only.
Lokesh Machines Limited has secured a significant defense contract worth ₹9.50 crores from the Directorate General, Sashastra Seema Bal (SSB), Ministry of Home Affairs, Government of India. The company disclosed this major order under Regulation 30 of SEBI (LODR) Regulations, 2015, highlighting its continued expansion in the defense manufacturing sector.
Order Specifications
The contract details demonstrate the company's capability in specialized defense equipment manufacturing:
| Parameter: | Details |
|---|---|
| Order Value: | ₹9.50 crores (inclusive of all duties and taxes) |
| Client: | Directorate General, Sashastra Seema Bal (SSB) |
| Product: | Latest SMG (9x19mm Carbine) with accessories |
| Execution Timeline: | 180 days from Letter of Award (LOA) |
| Order Type: | Domestic Supply Order |
Contract Terms and Compliance
The order announcement, made on March 17, 2026, at 4:30 PM IST, includes comprehensive disclosure pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123. The contract involves no related party transactions and maintains arm's length dealings, with no promoter group interest in the awarding entity.
Strategic Business Impact
This substantial order from SSB, one of India's premier border guarding forces responsible for Indo-Nepal and Indo-Bhutan border security, reinforces Lokesh Machines' position as a trusted defense equipment supplier. The 180-day execution timeline demonstrates the company's manufacturing efficiency and ability to meet critical defense requirements.
Defense Sector Positioning
The ₹9.50 crore contract for SMG carbines represents a significant revenue opportunity and validates the company's technical expertise in producing sophisticated defense equipment. This order strengthens Lokesh Machines' portfolio in serving India's security apparatus with high-quality manufacturing capabilities.
Historical Stock Returns for Lokesh Machines
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.38% | +6.23% | +15.73% | +11.92% | +30.63% | +551.15% |
Will this SSB contract lead to additional orders from other paramilitary forces like BSF or CRPF for similar weapons systems?
How might this defense contract impact Lokesh Machines' revenue guidance and margin profile for FY2027?
Could this SMG manufacturing capability position the company for potential export opportunities under India's defense export promotion initiatives?
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