Linc Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
LINC · price
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Linc Limited concluded its postal ballot process with all six resolutions approved by shareholders with overwhelming majority. The resolutions included the appointment of Dr. Mamta Binani as a new Non-Executive Independent Director, re-appointments of Deepak Jalan as Managing Director, Aloke Jalan and Rohit Deepak Jalan as Whole Time Directors, a salary hike for Ms. Ekta Jalan (Senior Manager), and approval of material related party transactions. Voting was conducted via remote e-voting from June 28 to July 27, 2025, with turnout of about 57-65% of total shares. All resolutions secured over 98% support, with the promoter group (holding 36.3 million shares) voting entirely in favor of every resolution.
The results confirm continuity of the Jalan family-led management and strengthen the board with the addition of an experienced independent director. Strong approval for related party transactions suggests shareholder comfort with the company's governance, though retail investors should note the promoter family's dominant influence on voting outcomes.