NSEUpdates1 Jul 2026 · 1 Jul 2026, 06:15 pm

Updates

Lokesh Machines Limited · LOKESHMACH

✦ AI Summary▲ PositiveRegulatory

Lokesh Machines Limited has informed the Exchange regarding the expected impact of its removal from the United States Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctions list on its business operations.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Lokesh Machines Limited has informed the Exchange regarding 'Update on the Impact of Removal from the United States Department of the Treasury's Office of Foreign Assets Control ("OFAC") Sanctions List.'.

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LOKESHMACH_01072026181455_Reg30UpdateSE.pdf

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Regd. Office: B-29, EEIE Stage II, Balanagar, Hyderabad - 500 037, Telangana, INDIA Phone: +91-40-23079310,11,12,13, Email: info@lokeshmachines.com Website: www.lokeshmachines.com, CIN: L29219TG1983PLC004319 July 01, 2026 To, To, BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department Floor 25, PJ Towers, Dalal Street Plot No. C/1, G Block, Exchange Plaza Mumbai- 400001 Bandra Kurla Complex, Bandra (E) Mumbai- 400051 Scrip Code: 532740 Company Code: LOKESHMACH Dear Sir/Madam, Sub: Update on the Impact of Removal from the United States Department of the Treasury's Office of Foreign Assets Control ("OFAC") Sanctions List-reg. With reference to the Company's removal from the sanctions list maintained by the United States Department of the Treasury's Office of Foreign Assets Control ("OFAC"), we wish to inform you of the expected impact of the said development on the Company's business operations. Consequent to the aforesaid removal, the Company is permitted, subject to applicable laws and regulations of the United States, to engage in transactions with U.S. persons and access the U.S. financial system. This also facilitates U.S. dollar-denominated transactions, subject to compliance with all applicable legal and regulatory requirements. Further, the Company's removal from the OFAC Specially Designated Nationals and Blocked Persons ("SDN") List is expected to facilitate the normalisation of its international business operations and transactions with domestic MNCs. The Company remains committed to maintaining the highest standards of regulatory compliance. In this regard, hereafter we continue to work closely with our legal counsel, CMS Indus Law, to ensure ongoing compliance with applicable OFAC regulations and other relevant laws, with a view to avoiding any legal or regulatory discrepancies in the future. This is for your information and record. Thanking You, Yours sincerely, For Lokesh Machines Limited P. Kodanda Rami Reddy Company Secretary & Compliance Officer Units: Balanagar, Bonthapally, Medchal, Toopran, Ranjangaon-Pune.