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Lokesh Machines Limited has secured a ₹22 crore contract from the Ministry of Defence to supply components for 99 mm machine pistols, with a completion deadline of March 19, 2026. This contract supports India's Atmanirbhar Bharat initiative by promoting indigenous sourcing and is expected to boost the company's revenue and profitability while contributing to the goal of 70% indigenisation in small arms by 2030. The absence of related-party transactions further strengthens investor confidence amid ongoing supply chain challenges.