Lokesh Machines Secures Rs. 9.5 Crore Order from SSB

Lokesh Machines Ltd has announced the receipt of an order from the **Directorate General, Sashastra Seema Bal (SSB)**, Ministry of Home Affairs, Government of India. The order, valued at **Rs. 9,50,01,741**, includes all duties and taxes. It pertains to the supply of the latest SMG (9x19mm Carbine) along with accessories. The order was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The order is categorized as a domestic supply order. Lokesh Machines is required to execute the order within 180 days from the date of the issuance of the Letter of Award. The company has confirmed that there is no interest from promoters or promoter groups in the entity awarding the order. Additionally, the transaction does not fall under related party transactions.

The order from the **SSB** is part of the Ministry of Home Affairs’ initiatives to enhance the capabilities of its security forces. The SSB is responsible for guarding India’s borders and ensuring internal security. The procurement of advanced weaponry such as the SMG (9x19mm Carbine) is aligned with its operational requirements.

Lokesh Machines Ltd is a prominent player in the manufacturing sector, focusing on machine tools and equipment. The company is actively involved in expanding its footprint in the defense manufacturing segment. By securing orders from government entities, Lokesh Machines aims to leverage its expertise in precision engineering and manufacturing to meet the demands of the defense sector.