Disclosure of Related Party Transaction pursuant to Regulation 23 (9) of SEBI LODR Regulations
Awaiting price reaction for this filing.
Lynx Machinery & Commercials Ltd has disclosed related party transactions for the year ended 31st March 2026. The company extended loans to three directors — Pradyumna Jajodia, Padmanabhi Jajodia, and Devang Jajodia — totalling approximately ₹61.5 lakh. Pradyumna Jajodia's loan account shows an opening balance of ₹1.33 crore and closing balance of ₹1.79 crore. Additional loans/advances of ₹4 lakh each were given to Devang Jajodia and another related party under the 'Same Person' category. All transactions were ratified by the audit committee and pertain to loans given by the listed entity to related parties.
This is a routine regulatory disclosure. The significant loan balances with directors represent ongoing related party exposure that investors should monitor, though the audit committee ratification provides some governance oversight.