Lokesh Machines has secured an order worth ₹58,20,89,421 from the Integrated Headquarters of Ministry of Defence (Army), Government of India, for the supply of MOD kits for 7.62MM Medium Machine Guns. The order, classified as a domestic supply, was awarded by the Master General Sustenance Branch and highlights the company's role in the defence manufacturing sector. The commercial consideration is inclusive of all duties and taxes.

The disclosure confirms that the order does not involve any related party transactions. Additionally, the promoter, promoter group, or group companies do not hold any interest in the entity awarding the order. The information was submitted to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The key particulars of the order are outlined below:

The filing was made pursuant to a SEBI circular dated July 13, 2023. P. Kodanda Rami Reddy, the Company Secretary & Compliance Officer, signed the disclosure on behalf of Lokesh Machines Limited.

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.

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