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Lokesh Machines Ltd ( (IN:LOKESHMACH) ) just unveiled an update.
Lokesh Machines Limited’s board has approved a postal ballot process to seek shareholders’ consent for the regularisation of Wg Cdr Kolkappadam Vadavatath Sanil Babu (retd) as a non-executive independent director for a five-year term from November 11, 2025 to November 10, 2030, formalising his role in the company’s governance structure. The board also set the e-voting window for the postal ballot from January 2 to January 31, 2026 and fixed December 26, 2025 as the cut-off date for remote e-voting, underscoring the company’s adherence to regulatory requirements and shareholder approval processes under SEBI’s listing regulations.
More about Lokesh Machines Ltd
Lokesh Machines Limited is an Indian engineering company in the machine tools and related manufacturing sector, with multiple production units across Telangana and Maharashtra, including locations such as Balanagar, Bonthapally, Medchal, Toopran and Ranjangaon-Pune. The company serves industrial customers with precision machinery and equipment, positioning itself within the broader capital goods and automotive/engineering supply chain markets.
Average Trading Volume: 4,737
Technical Sentiment Signal: Sell
Current Market Cap: 3.37B INR
For detailed information about LOKESHMACH stock, go to TipRanks’ Stock Analysis page.