Lokesh Machines Limited — Credit Ratings, 20-11-2025: Credit Rating

Acuite Ratings downgraded Lokesh Machines' long-term bank facilities to 'ACUITE BBB-' and short-term to 'ACUITE A3', both with a 'Stable' outlook, for Rs. 208.42 Cr. The downgrade reflects a significant dip in operating performance, primarily due to the company's inclusion in the US OFAC sanctions list, which has subdued its operations.