Lokesh Machines Limited — Important, 06-05-2026: Committee Meeting Updates

Lokesh Machines Limited's share allotment committee has approved the issuance of 13 lakh equity shares to non-promoters at Rs. 181.71 per share, raising 23.62 Cr. This increases the company's paid-up capital. Additionally, 27.78 lakh convertible warrants have been allotted to promoters and non-promoters at the same issue price, initially collecting 12.62 Cr. These warrants, convertible into equity shares, could bring in a total of 50.48 Cr upon full exercise, significantly bolstering the company's capital base.