Lokesh Machines Limited — Important, 26-06-2025: Updates

Lokesh Machines has announced a board meeting to approve the financial results for the quarter and half-year. The company converted 4,03,040 warrants into equity shares at an issue price of Rs. 243.25 each, raising Rs. 7.35 Cr. Post conversion, the equity base increased to 1.97 crore shares with a paid-up capital of Rs. 19.75 Cr. Promoters converted a significant portion of their warrants, with some warrants still pending conversion. This raise strengthens the company's capital structure and signals promoter confidence.