Lynx Machinery And Commercials Limited has formally notified the Bombay Stock Exchange (BSE) of its classification status under regulatory guidelines for large corporate entities. The Mumbai-based company submitted its annual disclosure confirming that it does not meet the criteria to be classified as a 'Large Corporate' under the applicable SEBI framework.

Regulatory Compliance Disclosure

The disclosure was made in accordance with SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which establishes the framework for fund raising by issuance of debt securities by large entities. This circular requires companies to annually declare their status regarding large corporate classification.

Company Information

Lynx Machinery And Commercials Limited operates from its registered office at Warden House, 340 J. J. Road, Byculla, Mumbai. The company holds CIN L29299MH1960PLC011870 and maintains its corporate identification under PAN AAACL4374K. Managing Director Pradyumna Jajodia (DIN 00138175) signed the disclosure letter, ensuring compliance with the mandatory annual reporting requirements.

SEBI Framework Implications

The SEBI circular dated November 26, 2018, establishes specific criteria for determining large corporate status, particularly in relation to debt securities issuance. Companies are required to assess their status annually and inform stock exchanges accordingly. This classification affects various regulatory obligations and compliance requirements for corporate entities in the Indian financial market.

The annual disclosure serves as an important regulatory filing that helps maintain transparency in corporate classification and ensures appropriate oversight based on company size and financial parameters. Lynx Machinery's confirmation of its 'Not a Large Corporate' status provides clarity to investors and regulatory authorities regarding its current classification under the SEBI framework.

Lynx Machinery And Commercials Limited has formally declared to the Bombay Stock Exchange that Regulation 32 of The SEBI (LODR) Regulations, 2015 is not applicable to the company for the quarter ended 31.03.2026. The declaration was communicated through an official letter dated 7th April 2026.

Regulatory Declaration Details

The company's communication specifically addresses the non-applicability of SEBI LODR Regulation 32, which deals with the Statement of Deviation or Variation for proceeds from various capital raising activities. This regulation requires companies to disclose any deviations or variations in the utilization of funds raised through specific financial instruments.

Scope of Regulation 32

Regulation 32 of the SEBI (LODR) Regulations, 2015 specifically covers the Statement of Deviation or Variation for proceeds from:

• Public issues
• Rights issues
• Preferential issues
• Qualified Institutional Placement (QIP)

The company's declaration indicates that none of these capital raising activities are applicable to Lynx Machinery for the specified quarter.

Company Information

Lynx Machinery And Commercials Limited operates with its registered office located at Warden House, 340 J. J. Road, Byculla, Mumbai - 400 008. The declaration was signed by Pradyumna Jajodia, Managing Director (DIN 00138175), emphasizing the formal nature of this regulatory communication.

Compliance Significance

This declaration represents part of the company's ongoing compliance with SEBI listing obligations and regulations. By formally declaring the non-applicability of Regulation 32, the company ensures transparency with the stock exchange and maintains adherence to regulatory disclosure requirements.