Lokesh Machines Limited (LOKESHMACH) — Announcement

· NSE Neutral
📢 Key Event
Company secures in-principle approval for preferential issue of shares and warrants
💡 Investor Takeaway
Shareholders will see diluted ownership when the new shares and warrants are eventually converted and issued.

Lokesh Machines Limited announced it received in-principle approval from BSE and NSE to issue 13 lakh equity shares of Rs 10 each and 27,77,919 convertible warrants on a preferential basis. The approval permits allotment at Rs 181.71 per share to promoters and non-promoters, subject to final regulatory compliance. This capital raise supports expansion plans without diluting existing shareholder value immediately.

📄 View Original Announcement (PDF)

About Lokesh Machines Limited (LOKESHMACH)

Capital Goods · Industrial Manufacturing · Listed on NSE

Market Cap: ₹531.89 Cr P/E: 271.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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