Lokesh Machines Allots 5 Lakh Equity Shares on Warrant Conversion

Lokesh Machines Ltd announced the allotment of 5,00,000 equity shares following the conversion of warrants. This conversion was approved by the Share Allotment Committee at a meeting held on July 11, 2026. The company received an aggregate amount of ₹6,81,41,250/- as the "Warrant Exercise Price" for this conversion. The issuance price per warrant was ₹181.71/-, comprising a subscription price of ₹45.4275/- and an exercise price of ₹136.2825/-. Post-allotment, the company's issued, subscribed, and paid-up equity share capital has increased to ₹21,79,67,700/-, comprising 2,17,96,770 equity shares of ₹10/- each. The new shares will rank pari-passu with existing shares.