Lynx Machinery and Commercials Limited announced a private placement to issue 425,532 equity shares at an issue price of INR 47 per share for the gross proceeds of INR 20,000,004 on June 24, 2024. The transaction will include participation from individual investors Pradyumna Jajodia, Padmanabh Jajodia and Devang Jajodia. The transaction has been approved by shareholders of company.