In furtherance to the intimation given by the Company on January 11, 2024, with respect to allotment of 15,00,000 warrants, each convertible into one equity shares of face value of Rs 10 each (‘Warrants’) at an issue price [including the warrant subscription price (Rs. 60.8125/- per warrant) and the warrant exercise price (Rs. 182.4375/- per warrant)] of Rs. 243.25/- each on preferential basis to 4 (Four) allottees (‘warrant holders’), as per the list forming part of the said letter and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Lokesh Machines has informed that upon receipt of an amount aggregating to Rs. 3,64,87,500/- as ‘Warrant Exercise Price’ and duly signed application forms from the below listed warrant holder, as per the terms of issue of Warrants, the Board of Directors of the Company at its meeting held on November 30, 2024, considered and approved the allotment of 2,00,000 Equity Shares of Rs. 10/- each, upon conversion for such number of Warrants, as per the details given in Annexure-I. Pursuant to conversion, the issued, subscribed and paid-up equity share capital of the Company stands increased to Rs. 19,01,47,700/- consisting of 1,90,14,770 fully paid-up equity shares of Rs. 10/- each. The new equity shares so allotted, shall rank with the existing equity shares of the Company. Disclosures pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated: July 13, 2023, is enclosed as Annexure I. The meeting commenced at 01.30 pm (IST) and concluded at 02:00 pm (IST).
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Engineers India | 193.10 |
| Rites | 297.15 |
| Pitti Engineering | 1424.65 |
| Kennametal India | 3139.30 |
| MTAR Technologies | 1557.60 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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