Lokesh Machines
150.62
+0.35(+0.23%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D+0.23%
1M-19.69%
6M-4.97%
1Y-59.91%
5Y+455.79%
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More news about Lokesh Machines
11Oct 25
Lokesh Machines Secures Rs 7.84 Crore Order from Sundaram-Clayton Limited
Lokesh Machines Limited has received a domestic supply order worth Rs 7,83,93,890 (inclusive of GST) from Sundaram-Clayton Limited. The contract involves supplying Special Line Boring Machine and Gauging Systems, with an execution deadline set for the end of January 2026. This order highlights Lokesh Machines' capabilities in producing specialized machinery for the automotive sector and could potentially strengthen its position in the industry.
26Sept 25
Lokesh Machines Limited Reshapes Leadership and Governance at 41st AGM
Lokesh Machines Limited held its 41st Annual General Meeting on September 26, 2025, via video conference. Key decisions include the re-appointment of Ms. Likhitha Mullapudi as director, continuation of Mr. K. Krishna Swamy as Non-Executive Director until September 25, 2030, and appointment of M/s. L.D. Reddy & Co. as Secretarial Auditor for five years. The AGM, chaired by Mr. D. Balaji, also addressed financial statements adoption and cost auditor remuneration ratification.
22Aug 25
Lokesh Machines Secures DGQA Registration for Defence Manufacturing
Lokesh Machines Limited has received a registration certificate from the Directorate General of Quality Assurance (DGQA) for defence manufacturing operations. This approval allows the company to participate in defence tenders, manufacture components for the Indian armed forces, and collaborate with defence contractors. Simultaneously, Lokesh Machines is working to resolve its listing on the U.S. OFAC Specially Designated Nationals and Blocked Persons list, having filed necessary documents through US-based lawyers.
21Aug 25
Lokesh Machines Takes Formal Steps to Address U.S. Sanctions Status
Lokesh Machines Limited, a Hyderabad-based manufacturer, has submitted a formal request to the U.S. Office of Foreign Assets Control (OFAC) for removal from the sanctions list. The company filed necessary documents through U.S.-based lawyers on August 20, 2025, in response to an OFAC questionnaire. This action follows a previous communication dated February 1, 2025. Lokesh Machines has assured shareholders of its efforts to resolve the sanctions issue and committed to maintaining transparency regarding future developments.
12Aug 25
Lokesh Machines Reports Q1 Results, Announces Leadership Changes and AGM Date
Lokesh Machines Limited reported a 23.16% YoY decline in Q1 FY2026 revenue to 4,804.71 lakhs, with net profit falling 55.79% to 45.55 lakhs. The company's Machinery Division generated 4,636.43 lakhs in revenue, while the Components Division contributed 195.94 lakhs. The Board recommended K. Krishna Swamy's continuation as Non-executive Director for five years. Gurprit Singh resigned as Company Secretary, with Pusuluru Kodanda Rami Reddy taking over. The 41st AGM is scheduled for September 26, 2025, via video conferencing. The company is working to remove itself from the US Treasury sanctions list. During Q1, 4,03,040 warrants were converted to equity shares, with 2,43,398 warrants pending conversion.
06Aug 25
Lokesh Machines Secures ₹17.68 Crore Order from Ministry of Defence for MMG Modification Kits
Lokesh Machines Limited has received an order worth ₹17.68 crore (including GST) from the Integrated Headquarters of Ministry of Defence (Army), New Delhi. The order, received on August 6, 2025, is for supplying modification kits for MMG (Gun Machine 7.62mm MAG). The execution timeline is set at 12 months from the contract's effective date. This order showcases Lokesh Machines' expanding presence in the defense sector and aligns with the 'Make in India' initiative. The company disclosed this information in compliance with SEBI regulations, confirming no related party transactions or promoter interests are involved.
25Jul 25
Lokesh Machines Secures Exchange Approval for Promoter Reclassification
Lokesh Machines Limited has obtained approval from NSE and BSE to reclassify Ms. Sudha Rani Ganne from 'Promoter Group' to 'Public' category. The approval was granted on July 24, 2025, and the company filed this information with the stock exchanges on July 25, 2025. The reclassification complies with SEBI Regulation 31A and is expected to alter the company's shareholding pattern.
Lokesh Machines
150.62
+0.35
(+0.23%)
1 Year Returns:-59.91%
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