Declaration of Non-applicability of Reg 32
Awaiting price reaction for this filing.
Lynx Machinery & Commercials Ltd has informed the Bombay Stock Exchange that Regulation 32 of SEBI's Listing Obligations and Disclosure Requirements (LODR) does not apply to the company for the quarter ended 30 June 2025. This regulation requires companies to report any deviation or variation in the use of funds raised through public issues, rights issues, preferential issues, or Qualified Institutional Placements (QIPs). By declaring it non-applicable, the company is essentially confirming it has not raised money through any of these routes recently, so there is nothing to report on this front. The declaration was submitted to the BSE on 11 July 2025.
This is a routine compliance filing and carries no material impact on shareholders or the stock price. It simply confirms the absence of any recent fund-raising activity through public, rights, preferential, or QIP routes that would require such reporting.