Lokesh Machines Limited has informed the Exchange regarding Change in Director(s) of the company.
LOKESHMACH · price
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Awaiting price reaction for this filing.
At the 41st AGM held on September 26, 2025, shareholders of Lokesh Machines approved three key items. First, Ms. Likhitha Mullapudi, who retires by rotation, was re-appointed as a Director; she holds a BE and ME in Mechanical Engineering and is related to promoter family members Mr. M. Srinivas, Mr. M. Srikrishna, and Mr. M. Lokeswara Rao. Second, Mr. K. Krishna Swamy, an independent Non-Executive Director with 47+ years of experience in machine tool design (former HMT Chief Engineer), was re-appointed for a 5-year term under SEBI Regulation 17(1A). Third, M/s. L.D. Reddy & Co., Company Secretaries, was appointed as the Secretarial Auditor for five consecutive years. No directors resigned and no governance red flags were reported.
Routine re-appointments with no disruption to the board. Continuation of promoter family representation (Mullapudi family) and a veteran independent director reinforces stability, while the new secretarial auditor appointment strengthens compliance oversight. Neutral to slightly positive for shareholder sentiment.