Lokesh Machines Limited was incorporated as a public limited 
 Company on December 17, 1983 and commercial production 
 started from 1986.
 
 The Company was promoted by Mr. M Lokeswara Rao, who 
 started this company after gaining significant insights into the 
 nuances of machine and machine tool manufacturing during his 
 stint of over 16 years as a shop-floor executive of HMT Ltd.
 
 Initially commencing business with a modest capital, and doing 
 some job works for HMT Ltd, the company was nurtured carefully 
 by the Promote r to the present stage, achieving a turnover of Rs. 
 75.32 crores in the year ended 31st March 2005.
 
 
 Over a period, the Company developed a wide range of SPMs, and
 built up a reputation for the quality of its products and after sales
 service.
 The Company has on date built over 500 Special Purpose Machines for 
 Companies like Ashok Leyland, Bajaj Auto, Bajaj Tempo, TATA MOTORS, 
 Escorts, Mahindra & Mahindra, John Deere, Kinetic Engineering,
 Hindustan 
 Motors, Honda Motor Cycles and Scooters, Bharat Forge, Rane
 Engine valves etc.
 
 LML achieved a significant breakthrough by winning a prestigious
 turnkey
 order from M/s John Deere, Pune for their green field tractor project
 for 
 supply of total manufacturing line for cylinder blocks, against stiff
 competition.
 
 
 LML has also bagged a prestigious export order from M/s FPT Industrie
 
 Spa of Italy, for supply of Milling and Boring machines and
 successfully 
 supplied over 35 machines and made its presence in the European
 markets.
 This order was a stepping-stone for the company in fulfilling its
 strategic initiative 
 of becoming an exporter of machine tool products from India. Recently
 LML 
 has also supplied about 8 Machines to Honda Motor cycles and
 scooters, 
 Japan for their Indian requirement. LML had developed machines
 and supplying to HOWA, Japan under a long term contract and to Italy
 and 
 the turnover from exports during the year 2004-05 was Rs.598 lacs.
 
 The Company also entered the Auto Component Segment by setting up
 dedicated 
 lines of Machines for manufacture and supply of Cylinder Blocks for
 Mahindra 
 & Mahindra Limited (M&M) for their Tractor, Jeep and Scorpio
 divisions.
 
 MAJOR EVENTS IN THE HISTORY OF THE COMPANY
 
 
 Period/Time                Particulars
 
 1983-84                    · Incorporation of the Company
                                  · Certificate of Commencement of
 Business
 
 1988-89                   · Entry into auto market Order received
 from Bajaj Auto.
                                 · Company achieves landmark of Rs. 1
 crore turnover. 
 
 1994-95                   · Turnover exceeds Rs. 5 crores for the
 first time
                                 · Formation of Auto Component
 Division.
 
 1995-96                   · Contract signed with Mahindra & Mahindra
 for machining Cylinder
                                  · Bagged orders from Ashok Leyland
 and Escorts for SPMs
                                  · Investment in the shares of the
 company by Gujarat Venture
                                    Finance Ltd.
 
 1996-97                   · Crossed landmark of Rs. 10 crore
 turnover.
 
 1997-98                   · Formation of CNC Division.
 
 1998-99                   · Formation of countrywide Dealer Network
 for CNC Division
                                 · Turnkey Contract signed with L & T
 John Deere Ltd. for Total
                                   Cylinder Block Semi automatic line
 supply
 
 1999-2000               · Crossed the landmark of Rs. 20 crores
 turnover
                                 · Bagged and executed the first
 export order
 
 2000-01                   · Signed contract for machining 2nd and 3rd
 machining line for
                                   Mahindra & Mahindra Cylinder
 Blocks
 
 2002-03                   · Best Exporter Award from Dr Sir M
 Visveswaraaiah Industrial
                                   Awards in the year 2001
 
 2003-04                 · Japanese Auto major Honda Motors placed
 order with the Company
                                 for supply of CNC Machines to its
 Indian company.
                               - Tie up with Howa Machine Corporation
 Japan for manufacture of
                                 High Speed Vertical Machining Centre
 for re-export.
                               - Rs. 50 crore turnover achieved.
                               · Certification for ISO 9001-2000
 received for Machine Tool Division
                                and QS -9000 for Auto Components
 Division
 
 2004-05                · Export of 2 machines to AVM Angelini, Italy
                              · Doubled capacity for supply of
 cylinder blocks to Mahindra &
                                Mahindra.
                              · Export orders bagged for 25 machines
 valued at 375,000 Euro
 
 2005-06               · Bagged confirmed export orders for 42
 machines valued at 630,000
                                Euro 
                               · Contract finalized with M/s
 Wenig-Wemas for export of lathes and
                                 VMCs to Europe
                             · Recommendation obtained for
 TS-16949:2002 certification for
                               Quality Management System for machining
 of Automotive
                               Components.
 
 2007
 
 -Company has designated the email id and created
 investorinfo@lokeshmachines.com for registering the investor
 complaints.