The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mullapudi Srinivas
LOKESHMACH · price
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Promoter Mullapudi Srinivas of Lokesh Machines Ltd has disclosed an acquisition of 20,000 equity shares (0.10% of voting capital) under SEBI SAST Regulation 29(2). The shares were acquired on March 28, 2025, through conversion of warrants into equity shares issued via preferential allotment. Post-acquisition, the promoter's voting stake in the company rose slightly from 12.56% to 12.66%, with total diluted holding remaining at 13.08%. The promoter's encumbrance (pledge) remains at NIL.
This is a small, non-market acquisition by the promoter via warrant conversion, signaling continued promoter commitment to the company. The marginal increase in stake is unlikely to have any meaningful impact on the stock price but reflects steady promoter holding.