Lokesh Machines Limited has received formal listing approvals from both BSE Limited and National Stock Exchange of India Limited for 13,00,000 equity shares issued on a preferential basis to non-promoters.
Key Quantitative Figures
- Number of shares approved: 13,00,000 equity shares
- Face value per share: ₹10
- Issue premium: ₹171.71 per share (mentioned in BSE letter)
- Distinctive numbers: 19996771-21296770
- Post-issue listed capital: ₹21,29,67,700
- Total number of fully paid equity shares: 2,12,96,770 shares of ₹10 each
Dates of Action
- Approval date from both exchanges: June 19, 2026
- BSE reference: LOD/PREF/AP/FIP/419/2026-27 dated June 19, 2026
- NSE reference: NSE/LIST/55373 dated June 19, 2026
Parties Involved
- Regulatory authorities: BSE Limited, National Stock Exchange of India Limited
- Depositories: NSDL (National Securities Depository Limited), CDSL (Central Depository Services Limited)
- Company representative: P. Kodanda Rami Reddy, Company Secretary & Compliance Officer
Capital Structure Impact
The preferential issue increases the company's listed capital to ₹21,29,67,700, representing 2,12,96,770 fully paid equity shares of ₹10 each.
Next Steps and Requirements
The company must now:
1. Apply for trading approval within seven working days from the date of grant of listing approval (as per SEBI circular dated June 21, 2023)
2. File listing approval from NSE (if applicable) with BSE
3. Provide confirmation letters from NSDL/CDSL about:
- Crediting the shares to respective beneficiary accounts
- Admitting the capital to the depository system
- Lock-in of pre-preferential holding (if applicable)
4. File shareholding pattern in XBRL mode if there is change exceeding two percent of total paid-up share capital
Financial Impact
The disclosure states that the actual monetary impact is "Not Applicable" for withdrawal/cancellation/suspension scenarios, indicating this is a routine capital market compliance activity without immediate financial implications beyond the capital increase already disclosed.