Declaration of Non-applicability of Reg 32
Awaiting price reaction for this filing.
Lynx Machinery & Commercials Ltd has informed the BSE that Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 does not apply to the company for the quarter ended 31 March 2025. This regulation requires companies to report any deviation or variation in the use of funds raised through a public issue, rights issue, preferential issue, or qualified institutions placement (QIP). The non-applicability means the company has not raised money through any of these routes in the recent past. This is a routine compliance filing and carries no financial or operational implication.
No impact on shareholders or stock price. This is a standard disclosure confirming that the company has no outstanding obligations to report on the use of issue proceeds.