Incorporated in 1983, Lokesh Machines manufactures Special Purpose Machines, General Purpose Machines /CNC Lathes, Connecting Rods and machining of Cylinder Blocks and Heads
Lokesh Machines reported on the utilization of issue proceeds for the quarter. Statutory auditors confirmed funds raised were deployed as intended, ensuring transparency for investors.
Lokesh Machines received listing approval for 5 lakh (0.5 Cr) new equity shares from BSE and NSE. These preferential issue shares, priced at Rs. 10 each, will expand the company's listed capital to Rs. 21.79 crore.