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.

Lynx Machinery and Commercials Limited has formally disclosed to the Bombay Stock Exchange (BSE) that it does not qualify as a "Large Corporate" under the regulatory framework established by the Securities and Exchange Board of India (SEBI).

Regulatory Disclosure Details

The company submitted its initial disclosure in compliance with SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses fund raising by issuance of debt securities by large entities and establishes criteria for determining Large Corporate classification.

Company Information

Lynx Machinery and Commercials Limited, incorporated in 1960, operates from its registered office at Warden House, 340 J. J. Road, Byculla, Mumbai. The company holds CIN L29299MH1960PLC011870 and maintains its listing on the Bombay Stock Exchange.

Management Communication

The disclosure was signed by Pradyumna Jajodia, Managing Director of the company, bearing DIN 00138175. The communication was addressed to the General Manager-Listing at BSE's 25th Floor Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Regulatory Context

The SEBI circular dated November 26, 2018, established a framework for identifying Large Corporates and imposed specific requirements for debt securities issuance by such entities. Companies are required to make initial disclosures regarding their classification status under this framework for regulatory compliance and transparency purposes.