Lokesh Machines Limited has received a supply order from Kirloskar Oil Engines Limited for “fish liner boring & deck face milling SPM machine” worth ₹7.96 crore inclusive of GST. The purely domestic contract, free of any promoter or related-party interest, is slated for completion before the end of June 2026.
Lokesh Machines Limited has disclosed the receipt of a new domestic supply order from Kirloskar Oil Engines Limited for a specialised “fish liner boring and deck face milling SPM machine.” The order has been communicated to the exchanges under SEBI’s disclosure norms, underscoring its materiality for the company’s industrial machinery portfolio.
The nature of the contract is a standard supply order, with execution to be completed before the end of June 2026 from the effective date of the contract. The total consideration stands at ₹7,96,50,000, inclusive of GST, reflecting continued demand for precision engineering solutions from core capital-goods customers.
Lokesh Machines has clarified that neither the promoters nor promoter group have any interest in Kirloskar Oil Engines, and the transaction does not qualify as a related-party transaction. The win reinforces Lokesh Machines’ positioning as a domestic supplier of custom special purpose machines (SPMs) to large engine and equipment manufacturers.
Key Highlights
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New supply order received from Kirloskar Oil Engines Limited for specialised SPM machine
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Nature of contract: Domestic supply order for “fish liner boring & deck face milling SPM machine”
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Order value: ₹7,96,50,000 (inclusive of GST)
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Execution timeline: To be completed before end of June 2026
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Awarding entity is a domestic customer; no international component involved
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Promoters/promoter group have no interest in the awarding entity
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Order does not fall under related-party transactions as per SEBI norms
Source: Exchange disclosure / SEBI Regulation 30 filing by Lokesh Machines Limited