Lokesh Machines gets in-principle nod for ₹181.71 preferential issue

Lokesh Machines Ltd has received in-principle approval from both BSE and NSE for a preferential issue of securities. This approval, granted on April 30, 2026, allows the company to issue 13,00,000 equity shares of ₹10/- each and 27,77,919 convertible warrants (each convertible into one equity share of ₹10/- each). The issue price for both equity shares and warrants is set at ₹181.71/-. These securities will be allotted to both promoters and non-promoters, enabling the company to proceed with its capital raising plans.