Lokesh Machines has informed that the board of directors of the company at its meeting held on August 14, 2012, has recommended a dividend of 5% amounting to Rs. 0.50 per share, the revision of remuneration payable to K. Krishna Swamy whole time director and the annual general meeting to be held on September 29, 2012.
The above information is a part of company's filings submitted to BSE.