Lokesh Machines Limited has informed the Exchange about Bagging/Receiving of orders/contracts
LOKESHMACH · price
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Awaiting price reaction for this filing.
Lokesh Machines Limited has received an order valued at Rs. 22,00,46,400 (around Rs. 22 crore), inclusive of all duties and taxes, from the Ministry of Defence through Advanced Weapons and Equipment India Limited. The order is for the supply of 9x19mm Machine Pistol sub-assemblies and components. The contract is domestic in nature and must be executed on or before March 19, 2026, giving the company roughly 2.5 months to deliver. There is no related-party interest involved in the transaction. The order represents a significant defence sector win for the company, which traditionally operates in machine tools and precision components.
This is a positive development as it adds a meaningful defence-sector order to the company's book and provides near-term revenue visibility given the short execution window. Defence orders also tend to carry better margins and recurring potential, which could support the stock sentiment.