Lokesh Machines Limited — Important, 01-07-2025: Updates

Lokesh Machines has announced a board meeting on the financial results for the quarter and half-year. The company converted 2,43,398 warrants into equity shares at Rs. 243.25 each, raising Rs. 4.44 Cr. This increased the paid-up equity capital to Rs. 19.99 Cr (1.99 crore shares). Promoters Mullapudi Lokeswara Rao and Bollineni Kishore Babu converted their entire warrant holdings, indicating promoter confidence and modest equity dilution.