Lokesh Machines Ltd Removed from US Treasury's OFAC SDN List
Lokesh Machines Limited has been removed from the Specially Designated Nationals and Blocked Persons (SDN) List maintained by the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC).The removal, which was formalized on June 30, 2026, is part of OFAC's public notice regarding amendments to the SDN List. The action affirms that Lokesh Machines Limited is no longer designated under Executive Order 14024.
The removal followed a review process involving engagement between the Ministry of External Affairs, Government of India, and relevant authorities within the U.S. Treasury and the U.S. Department of State. Following this review, OFAC formally removed Lokesh Machines Limited from the SDN List.
The company has received formal communication from OFAC confirming that its designation has been removed from the SDN List and that it is unblocked. This confirmation ensures clarity for all international partners and financial institutions engaged in business dealings with Lokesh Machines Limited.
LOKESHMACH Stock Price Movement
Shares of the stock settled today after dipping by 1.99% in post-market trading, closing at ₹337.05.The security saw a trading volume of 74,565 shares during the session.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.