Announced Wed, 1 Jul · 09:41 IST
Lokesh Machines removed from US OFAC sanctions list
Regulatory & Legal View source PDF
LOKESHMACH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.3%1-day move
₹272.00
prior close
₹285.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0——+10.3+15.8+21.5+24.0+26.4+21.5+25.9———
Up moveDown movePending
AI summary
Lokesh Machines Limited has been removed from the US Treasury's OFAC Specially Designated Nationals and Blocked Persons List, effective June 30, 2026. The removal unblocks all property and interests in property that were previously blocked solely due to the prior designation. The company had earlier intimated the original designation via a letter dated November 06, 2025.
Likely market impact
Positive for shareholders - US sanctions have been lifted, unblocking assets and easing restrictions on the company's US-related dealings.