Lokesh Machines Limited provides clarifications to its EGM notice regarding a proposed preferential issue of equity shares and warrants.
Specifies that promoters and KMPs will not participate in equity share issue but intend to subscribe to warrants, except for five named individuals.
Discloses Ultimate Beneficial Owners of investor Zandra Herbs & Plantations LLP as Sharvil Ramanbhai Patel and Pankaj Ramanbhai Patel.
Confirms valuation report compliance with SEBI ICDR Regulation 166A for the preferential issue.