Lokesh Machines Limited — Board Meeting, 28-03-2025: Outcome of Board Meeting

The company has announced a board meeting outcome confirming the allotment of 1,76,562 equity shares following the exercise of warrants at an issue price of ₹243.25 per share. The total amount received from warrant holders is ₹3.22 crore, increasing the subscribed and paid-up equity share capital to ₹19.35 crore, comprising 1,93,50,332 fully paid equity shares. The newly allotted shares will rank equally with existing shares. This decision indicates a positive movement towards enhancing shareholder value and strengthening the company's equity base.