Linc Limited has informed the Exchange about General Updates
LINC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Linc Limited has invested Rs. 5,60,52,350 in cash for 56,05,235 equity shares of Rs. 10 each in its subsidiary Morris Linc Private Limited. The investment was completed on 13th April 2026 and will be used by Morris Linc for capital expenditure and working capital. Morris Linc is a writing instruments manufacturer incorporated in June 2023. The subsidiary's turnover has grown from Rs. 7.01 lakh in FY2024 to Rs. 56.09 lakh in FY2025-26. Linc Limited maintains its 50.01% stake while Morris Co. Ltd holds 49.99%. The promoters have an interest in the subsidiary through their shareholding.
This is a routine capital infusion into an existing subsidiary and will not change the shareholding structure or have immediate impact on Linc Limited's consolidated financials. The investment supports the subsidiary's growth but represents a relatively small amount compared to the parent company's scale.