Pradyumna Jajodia, Padmanabh Jajodia and Devang Jajodia made an offer to acquire 26% stake in Lynx Machinery and Commercials Limited (BSE:505320) for INR 25.33 million in a tender offer transaction on April 25, 2024. The consideration offered by acquirer was INR 95 per share. Pl Capital Markets Private Limited acted as manager to the open offer.