Lokesh Machines logo

Lokesh Machines MD, chairman, board of directors and AGM

NSE: LOKESHMACHBSE: 532740Industrial ManufacturingSmall Cap

Last close ₹342.80down ₹21.40 (5.88%)BSE ₹342.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹364.20.

52-week range of traded prices to 23 Oct 2026
₹138.96Low, 9 Dec 2025₹488.00High, 8 Oct 2026
Market cap
₹747 Cr1,913th largest listed
P/E
169.2
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
2.0%
ROCE
5.9%
Debt to equity
0.74
Volume, NSE
2,04,22749.4% delivered

Lokesh Machines board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Managing directorMullapudi Lokeswara Rao
  • ChairpersonYugandhar Meka
  • Company Secretary and Compliance OfficerP.Kodanda Rami Reddy

9 directors3 independent4 executive2 non-executive

  • Mullapudi Lokeswara Rao · Managing directorExecutive · joined Sep 2015 · 1 listed board
  • Kishore Babu BollineniExecutive · joined Sep 2015 · 1 listed board · 2 committee seats
  • Mullapudi SrinivasExecutive · joined Sep 2015 · 1 listed board · 1 committee seat
  • Mullapudi SrikrishnaExecutive · joined Sep 2015 · 1 listed board · 2 committee seats
  • Yugandhar Meka · ChairpersonIndependent · joined Sep 2024 · 24 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
  • Dorairajan BalajiIndependent · joined Aug 2019 · 85 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Kolkappadam Vadavatath Sanil BabuIndependent · joined Nov 2025 · 10 months as independent · 1 listed board · 1 as independent
  • Krishna Swamy KallahallaNon-executive · joined Sep 2015 · 1 listed board
  • Likhitha MullapudiNon-executive · joined Jun 2020 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Raman Sekharipuram Seshadri, left 29 Apr 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 12 Aug 20267 of 9 present3 independent · 77 days in between
    • 26 May 20269 of 9 present3 independent

  • Audit Committee

    Chair Yugandhar Meka

    Dorairajan Balaji, Mullapudi Srinivas

    • 12 Aug 20263 of 3 present2 independent · 77 days in between
    • 26 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Dorairajan Balaji

    Yugandhar Meka, Likhitha Mullapudi

    • 12 Aug 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Dorairajan Balaji

    Kishore Babu Bollineni, Mullapudi Srikrishna

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Yugandhar Meka

    Likhitha Mullapudi, Mullapudi Lokeswara Rao, Mullapudi Srinivas, Mullapudi Srikrishna

    No meeting listed in the filing.

  • Share Allotment Committee

    Chair Mullapudi Lokeswara Rao

    Dorairajan Balaji, Mullapudi Srinivas

    • 11 Jul 20263 of 3 present1 independent · 65 days in between
    • 6 May 20263 of 3 present1 independent

  • Management Committee

    Chair Mullapudi Lokeswara Rao

    Mullapudi Srinivas, Mullapudi Srikrishna, Kishore Babu Bollineni

    • 23 Sep 20264 of 4 present0 independent · 85 days in between
    • 29 Jun 20264 of 4 present0 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Brahmayya & CoPeer-review certificate valid to Feb 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Lokesh Machines AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Lokesh Machines dividend history

Annual general meeting, 22 Sep 2026

20,725 shareholders on the register on 15 Sep 2026; present: 15 promoters and 56 others; votes counted by L. Dhanamjaya Reddy / L.D. Reddy & Co.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Financial Statements of the Company for the financial Year ended March 31st, 2026, and the report of the Board of Directors and the Auditors’ thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 48.95% · promoters 98.44% · institutions 0.00% · other public 1.07%

  2. To appoint a director in place of Mr. Kallahalla Krishna Swamy (DIN: 00840887), who retires by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 48.95% · promoters 98.44% · institutions 0.00% · other public 1.07%

  3. Ratification of Remuneration of Cost Auditors:
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 48.95% · promoters 98.44% · institutions 0.00% · other public 1.07%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 3 Apr 2026, 3 resolutions

23,986 shareholders on the register on 27 Mar 2026; present: 10 promoters and 32 others; votes counted by L.Dhanamjaya Reddy / LD Reddy & Co.The company's voting result (opens in a new tab)

  1. INCREASE IN THE AUTHORISED SHARE CAPITAL AND ALTERATION OF THE CAPITAL CLAUSE IN THE MEMORANDUM OF ASSOCIATION OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 53.22% · promoters 98.33% · institutions 0.00% · other public 1.11%

  2. TO CREATE, OFFER, ISSUE AND ALLOT EQUITY SHARES ON PREFERENTIAL BASIS
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 53.22% · promoters 98.33% · institutions 0.00% · other public 1.11%

  3. TO CREATE, OFFER, ISSUE AND ALLOT WARRANTS ON PREFERENTIAL BASIS
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 53.22% · promoters 98.33% · institutions 0.00% · other public 1.11%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 31 Jan 2026, 1 resolution

24,470 shareholders on the register on 26 Dec 2025; votes counted by L. Dhanamjaya Reddy / LD Reddy & Co.,.The company's voting result (opens in a new tab)

  1. Appointment of Mr.Kolkappadam Vadavatath Sanil Babu (retd) (Wg cdr) (DIN: 11356619) as a Non-Executive Independent Director for a term of five years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.67%

    Turnout: all 53.11% · promoters 98.26% · institutions 0.00% · other public 0.97%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 5 resolutions

25,319 shareholders on the register on 19 Sep 2025; present: 16 promoters and 72 others; votes counted by L. Dhanamjaya Reddy / LD Reddy & Co.,.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Financial Statements of the Company for the financial Year ended March 31st, 2025, and the report of the Board of Directors and the Auditors’ thereon
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.15%

    Turnout: all 51.39% · promoters 94.64% · institutions 0.00% · other public 1.43%

  2. To appoint a director in place of Ms. Likhita Mullapudi (DIN: 08765043), who retires by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.15%

    Turnout: all 51.39% · promoters 94.64% · institutions 0.00% · other public 1.43%

  3. Appointment of M/s L.D. Reddy & Co., Company Secretaries, as Secretarial Auditor of the Company:
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.74%

    Turnout: all 51.39% · promoters 94.64% · institutions 0.00% · other public 1.43%

  4. Approval for continuation of Mr. Kallahalla Krishna Swamy (DIN: 00840887) as Non- Executive Director of the Company
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.74%

    Turnout: all 51.39% · promoters 94.64% · institutions 0.00% · other public 1.43%

  5. Ratification of Remuneration of Cost Auditors:
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.75%

    Turnout: all 51.39% · promoters 94.64% · institutions 0.00% · other public 1.43%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2024, 10 resolutions

Present: 13 promoters and 44 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Financial Statements of the Company for the financial Year ended March 31st, 2024, and the report of the Board of Directors and the Auditors’ thereon
    Ordinary
    96.81% for3.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 74.28%

    Turnout: all 41.06% · promoters 77.42% · institutions 0.00% · other public 3.60%

  2. To appoint a director in place of Mr. K. Krishna Swamy (DIN: 00840887), who retires by rotation and being eligible offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    96.81% for3.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 74.28%

    Turnout: all 41.06% · promoters 77.42% · institutions 0.00% · other public 3.60%

  3. Re-appointment of Mr. Mullapudi Lokeswara Rao (DIN: 00989447) as Managing Director of the Company
    SpecialPromoters have an interest in it
    96.81% for3.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 74.28%

    Turnout: all 41.06% · promoters 77.42% · institutions 0.00% · other public 3.60%

  4. Re-appointment of Mr. Bollineni Kishore Babu (DIN: 00840630) as Whole-time Director of the Company
    SpecialPromoters have an interest in it
    96.67% for3.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 75.25%

    Turnout: all 41.12% · promoters 77.42% · institutions 0.00% · other public 3.72%

  5. Re-appointment of Mr. Mullapudi Srinivas (DIN: 00917565) as Whole-time Director of the Company
    SpecialPromoters have an interest in it
    96.67% for3.33% against

    Against: promoters 0.00% · institutions 0.00% · other public 75.12%

    Turnout: all 41.12% · promoters 77.42% · institutions 0.00% · other public 3.72%

  6. Re-appointment of Mr. Mullapudi Srikrishna (DIN: 00841388) as Whole-time Director of the Company
    SpecialPromoters have an interest in it
    97.18% for2.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 71.77%

    Turnout: all 40.90% · promoters 77.42% · institutions 0.00% · other public 3.28%

  7. Appointment of Mr. Meka Yugandhar (DIN: 00012265) as Non-executive Independent Director
    Special
    97.06% for2.94% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.65%

    Turnout: all 40.96% · promoters 77.42% · institutions 0.00% · other public 3.39%

  8. Appointment of Re-appointment of Mr. Dorairajan Balaji (DIN: 01872392) as Non-executive Independent Director
    Special
    96.93% for3.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 73.55%

    Turnout: all 41.01% · promoters 77.42% · institutions 0.00% · other public 3.50%

  9. Approval for continuation of Mr. K. Krishna Swamy (DIN: 00840887) as Non- Executive Director of the Company
    SpecialPromoters have an interest in it
    96.80% for3.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 74.35%

    Turnout: all 41.07% · promoters 77.42% · institutions 0.00% · other public 3.61%

  10. Ratification of Remuneration of Cost Auditors
    Ordinary
    96.94% for3.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 73.46%

    Turnout: all 41.01% · promoters 77.42% · institutions 0.00% · other public 3.49%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 4 Dec 2023, 3 resolutions

Present: 15 promoters and 31 others.The company's voting result (opens in a new tab)

  1. Increase in the authorized share capital and alteration of the capital clause in the memorandum of association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 46.76% · promoters 88.70% · institutions 0.00% · other public 0.59%

  2. To Create, Offer, Issue and Allot Equity Shares On Preferential Basis.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 46.76% · promoters 88.70% · institutions 0.00% · other public 0.59%

  3. To Create, Offer, Issue and Allot Warrants On Preferential Basis
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 46.76% · promoters 88.70% · institutions 0.00% · other public 0.59%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2023, 7 resolutions

Present: 16 promoters and 50 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial Year ended March 31st, 2023 together with the report of the Board of Directors and the Auditors’ thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.53%

    Turnout: all 46.95% · promoters 88.82% · institutions 0.00% · other public 0.87%

  2. To appoint a Director in place of Ms. Mullapudi Likhitha (DIN: 08765043), who retires by rotation and being eligible offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.60%

    Turnout: all 46.95% · promoters 88.82% · institutions 0.00% · other public 0.87%

  3. Increase in borrowing limits from 100 Cr. to 200 Cr. or the aggregate of the paid-up capital, free reserves and securities premium of the Company, whichever is higher
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.14%

    Turnout: all 46.95% · promoters 88.82% · institutions 0.00% · other public 0.87%

  4. Creation of Charges on the movable and immovable properties of the Company, both present and future, in respect of borrowings
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.14%

    Turnout: all 46.95% · promoters 88.82% · institutions 0.00% · other public 0.87%

  5. Revision in the remuneration of Mr. Mullapudi Lokeswara Rao (DIN: 00989447), Managing Director of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.60%

    Turnout: all 46.95% · promoters 88.82% · institutions 0.00% · other public 0.87%

  6. Approval for Continuation of Mr. K. Krishna Swamy (DIN: 00840887) as Non- Executive Director of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.60%

    Turnout: all 46.95% · promoters 88.82% · institutions 0.00% · other public 0.87%

  7. Ratification of Remuneration of Cost Auditors
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.14%

    Turnout: all 46.95% · promoters 88.82% · institutions 0.00% · other public 0.87%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2022, 8 resolutions

Present: 11 promoters and 60 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial Year ended March 31st, 2022 together with the report of the Board of Directors and the Auditors’ thereonMoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.63%

    Turnout: all 32.25% · promoters 60.12% · institutions 0.00% · other public 0.79%

  2. To appoint a Director in place of Mr. K. Krishna Swamy (DIN: 00840887), who retires by rotation and being eligible offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.72%

    Turnout: all 32.25% · promoters 60.12% · institutions 0.00% · other public 0.79%

  3. To consider the appointment of M/s. Brahmayya & Co., Chartered Accountants (Firm Registration No. No.000513S), as the Statutory Auditors of the Company
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.71%

    Turnout: all 32.25% · promoters 60.12% · institutions 0.00% · other public 0.79%

  4. Adoption of Memorandum of Association as per the provisions of the Companies Act, 2013
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.07%

    Turnout: all 32.25% · promoters 60.12% · institutions 0.00% · other public 0.79%

  5. Adoption of Articles of Association as per the provisions of the Companies Act, 2013
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.07%

    Turnout: all 32.25% · promoters 60.12% · institutions 0.00% · other public 0.79%

  6. To Appoint Mr. S. S. Raman (DIN: 00214782) as a Non-executive Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.61%

    Turnout: all 32.25% · promoters 60.12% · institutions 0.00% · other public 0.79%

  7. Approval for Continuation of Mr. K. Krishna Swamy (DIN: 00840887) as Non- Executive Director of the Company
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.73%

    Turnout: all 32.25% · promoters 60.12% · institutions 0.00% · other public 0.79%

  8. Ratification of Remuneration of Cost Auditors
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.97%

    Turnout: all 32.25% · promoters 60.12% · institutions 0.00% · other public 0.79%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
Preferential IssuesMay 202674.10––No
Audit committee: The Audit Committee reviewed and noted that during the quarter ended June 30, 2026, the Company allotted 13,00,000 Equity Shares at a price of Rs. 181.71/- per share (total consideration: Rs. 23,62,23,000/-) and 27,77,919 Warrants at a subscription price of Rs. 45.4275/- per warrant (being 25% of the total warrant price, amounting to Rs. 12,61,93,916/-). Furthermore, pursuant to applicable regulatory requirements, the Committee noted that there was no deviation or variation in the utilization of the funds raised vis-à-vis the objects stated in the offer document for the quarter ended June 30, 2026. As on June 30, 2026, 27,77,919 warrants are pending for conversion.MoreLess
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.