SHARE MARKET ADDA

LOKESH MACHINE : Lokesh Machines Limited has entered into a Memorandum of Understanding (hereinafter "MOU") with Advanced Weapons & Equipment India Ltd, Ministry of Defence (hereinafter "A WEIL") and Armament Research & Development Establishment, DRDO, Ministry of Defence, Government of India (hereinafter "ARDE") on February 15, 2023.  The objectives of the MOU are to establish the framework for co-operation between, A WEIL, LML- Hyderabad and ARDE to jointly address the requirements of critical and strategic material required for Indian defence forces, paramilitary forces, police organizations, civil and export market.