5 lakh shares allotted on warrant conversion to non-promoter allottee
LOKESHMACH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lokesh Machines allotted 5,00,000 equity shares at Rs 181.71 each to Mr Ashok Atluri (non-promoter) upon conversion of warrants issued earlier. Company received Rs 6.81 crore as the balance 75 percent exercise price. Originally 27,77,919 warrants were issued on preferential basis to 9 allottees in May 2026 at Rs 181.71 each (subscription Rs 45.43 plus exercise Rs 136.28). Post-allotment equity share capital stands at Rs 21.79 crore consisting of 2,17,96,770 shares of Rs 10 each.
Minor equity dilution of around 2.3 percent from warrant conversion. Paid-up capital rises to Rs 21.79 crore. Cash inflow of Rs 6.81 crore boosts working capital.