Ace investor Ashish Kacholia has sold 1.5 lakh shares or 0.9% stake in Lokesh Machines at Rs 73.8 per share. Ashish Kacholia held 2 lakh shares, or 1.17% stake, in the company at the end of the September quarter, while Sushmita Ashish Kacholia held 7.75 lakh shares, or 4.55% stake, in the company.
Besides, Pankaj Jawaharlal Razdan, who held 4.25 lakh shares in Lokesh Machines as of September 30, also sold 3.62 lakh shares on December 20 at Rs 80.25 per share.
Lokesh Machines is an India-based company. The company ranks amongst the top five machine tool manufacturers in the country. The company is a leader in cam & crank borers, fine borers & finish milling machines.
