Lynx Machinery And Commercials Limited has announced the resignation of its Independent Director Tejal Nirav Shah, effective from April 1, 2026. The announcement was made following a Board of Directors meeting held on March 31, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The Board meeting commenced at 3.30 p.m. IST and concluded at 4.00 p.m. IST on March 31, 2026. During this meeting, the directors noted and confirmed Shah's resignation from her position as Non Executive Independent Director.

Director's Background and Responsibilities

Tejal Nirav Shah, a Chartered Accountant, served as an Independent Director on multiple company boards. Her directorship portfolio included positions at Abhinandan Enterprises Limited and Shri Gurudev En-Trade Limited, in addition to Lynx Machinery And Commercials Limited.

At Lynx Machinery, Shah held significant committee responsibilities:

• Audit Committee member
• Nomination and Remuneration Committee member
• Stakeholder's Relationship Committee member

She also served on similar committees at Shri Gurudev En-Trade Limited, demonstrating her extensive involvement in corporate governance activities.

Resignation Confirmation

In her formal resignation letter dated March 31, 2026, Shah confirmed her decision to step down due to pre-occupation and personal reasons. She specifically stated that there are no other material reasons for her resignation beyond those mentioned, providing clarity on the circumstances surrounding her departure.

The resignation was submitted in accordance with Section 168 of the Companies Act, 2013, ensuring compliance with statutory requirements. Shah expressed gratitude to fellow directors for their cooperation and support throughout her tenure.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by providing comprehensive details about the resignation. The announcement includes all required information as per Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring transparency for stakeholders and regulatory authorities.

Lynx Machinery And Commercials Limited has announced the completion of an inter-promoter share transfer involving 7,500 equity shares. The transaction was disclosed to the Bombay Stock Exchange on March 27, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Transaction Details

The share transfer involved the movement of 7,500 equity shares from promoter Srawan Kumar Jajodia to fellow promoter Devang Jajodia. This off-market transaction was completed on March 25, 2026, representing 0.73% of the company's total share capital.

Shareholding Changes

Following the completion of this transaction, Devang Jajodia's shareholding in Lynx Machinery And Commercials Limited has increased significantly. His total holding has moved from 3,09,874 shares to 3,17,374 shares, representing an increase in his ownership percentage.

Company Capital Structure

The inter-promoter transfer does not affect Lynx Machinery And Commercials Limited's overall capital structure. The company's equity share capital remains constant before and after the transaction.

Capital Structure Details:

• Total Equity Share Capital: Rs. 1,02,55,320
• Number of Equity Shares: 1,025,532
• Face Value per Share: Rs. 10
• Stock Exchange Listing: BSE Limited

This transaction represents a routine inter-promoter transfer that maintains the overall promoter group's collective shareholding while redistributing ownership between individual promoter entities. The disclosure ensures compliance with SEBI regulations regarding substantial acquisition and shareholding changes.