Description
646,438 new equity shares of Lokesh Machines Limited listed on BSE from September 9, 2025, issued to promoters through warrant conversion.
Summary
BSE has approved the listing of 646,438 new equity shares of Lokesh Machines Limited (Scrip Code: 532740) effective September 9, 2025. These shares were issued to promoters on a preferential basis through conversion of warrants at Rs. 243.25 per share.
Key Points
- 646,438 equity shares of Rs. 10/- each issued at premium of Rs. 233.25/-
- Shares issued to promoters through warrant conversion
- Trading commences on Tuesday, September 9, 2025
- New shares rank pari-passu with existing equity shares
- Issue price: Rs. 243.25 per share
- ISIN: INE397H01017
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for new securities.
Compliance Requirements
- Trading members informed of new securities availability
- Lock-in period applicable until March 19, 2027
- All 646,438 shares subject to lock-in restrictions
Important Dates
- Allotment Dates: June 26, 2025 (403,040 shares) and July 1, 2025 (243,398 shares)
- Trading Start: September 9, 2025
- Lock-in Expiry: March 19, 2027
Impact Assessment
Minimal market impact expected as this is a routine listing of preferential shares to promoters. The lock-in period until March 2027 ensures these shares won’t immediately affect market liquidity. No dilution concerns as shares were pre-committed through warrant conversion.
Impact Justification
Routine listing of new shares through warrant conversion with no major market implications