Lokesh Machines Limited has informed the Exchange regarding 'Intimation of approval of the Stock Exchanges on reclassification'.
LOKESHMACH · price
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Lokesh Machines Limited has received approval from both BSE and NSE (dated July 24, 2025) to reclassify Ms. Sudha Rani Ganne from the 'Promoter Group' to the 'Public' category under SEBI Regulation 31A. She holds 27,330 shares representing 0.14% of the company's shareholding. Post-reclassification, promoter holding stands at 1,04,74,419 shares (53.02%) and public holding at 92,78,953 shares (46.98%), down marginally from 53.16% promoter and 46.84% public pre-reclassification. The change is cosmetic and minor, as the overall promoter control of the company remains well above the 50% threshold.
This is a routine regulatory reclassification with negligible impact on shareholding pattern or control of the company. Shareholders are unlikely to see any meaningful effect on stock price or voting dynamics.