StockWatch
·
Industrial Products
AGM/EGM27 Aug 2026, 06:11 pm

Lokesh Machines Ltd Announces 42nd AGM on Sep 22, 2026

AI Summary

Lokesh Machines Ltd has issued a notice for its 42nd Annual General Meeting (AGM) to be held on Tuesday, September 22, 2026, at 11:00 AM IST. The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Key agenda items include the adoption of the audited financial statements for the financial year ended March 31, 2026, the re-appointment of Mr. K. Krishna Swamy as a director, and the ratification of remuneration for the Cost Auditors, M/s Naval & Associates, for the financial year ending March 31, 2027. The company highlighted its resilience in FY26, diversifying its customer base and scaling its defence business despite US OFAC sanctions, closing the year with restored profitability and a five-year high order book.

Key Highlights

  • AGM scheduled for September 22, 2026, via video conference.
  • Adoption of FY26 financial statements is a key agenda item.
  • Director K. Krishna Swamy to seek re-appointment.
  • Cost auditor remuneration ratification for FY27.
  • Company reports restored profitability and high order book in FY26.