Company Update

Lynx Machinery and Commercials Limited has announced related party transactions for the half-year, involving loans totaling ₹80.4 million primarily extended to directors Pradyumna Jajodia, Padmanabh Jajodia, Devang Jajodia, and Srawan Kumar Jajodia, who can exercise significant influence.

Additionally, an inter-corporate deposit of ₹400,000 was made to Amisha Engineering Pvt Ltd, also under significant influence.

These loans and deposits remained outstanding during the period, with no details on interest rates or tenure disclosed.

This reflects the company’s ongoing funding support to related parties, which shareholders should monitor for impact on liquidity and governance.