Lokesh Machines Limited (LOKESHMACH) — Board Meeting | 11 July 2026

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📢 Key Event
Approved conversion of warrants into 500,000 equity shares at Rs. 181.71 per share.

🔄 What Changed
Paid-up capital increased to Rs. 21.80 crore; 500,000 new shares issued; Rs. 6.81 crore received as warrant exercise price.

🔮 What's Next
Allotment of 5,00,000 equity shares upon warrant conversion.

💡 Investor Takeaway
This capital raise dilutes existing shareholders but improves the company's balance sheet strength.

Lokesh Machines approved the conversion of 2,777,919 warrants into 500,000 new equity shares at Rs. 181.71 per share, requiring Rs. 6.81 crore as balance warrant exercise price. The allotment was granted to non-promoter Ashok Atluri, increasing the paid-up capital to Rs. 21.80 crore. This preferential issuance dilutes existing shareholders but strengthens capital position.

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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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