Removed from US OFAC SDN sanctions list
LOKESHMACH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Lokesh Machines has been removed from the US Treasury's OFAC Specially Designated Nationals (SDN) List, effective June 30, 2026. The Ministry of External Affairs confirmed this on July 8, 2026 through a formal letter. The company was earlier designated under Executive Order 14024. The Indian government engaged with US authorities during the review. Removal lifts restrictions and unblocks business ties with US banks, customers, suppliers, and partners.
Positive. Ends US sanctions overhang, restores ability to deal freely with US-based banks, customers, and suppliers.