The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Devanshi Jalan
LINC · price
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Devanshi Jalan, a member of the promoter group of Linc Limited, has disclosed the disposal of 28,500 equity shares (0.05% of total share capital) through an inter-se transfer on 12 May 2025 under SEBI Regulation 29(2). Her shareholding in the company has decreased from 20,24,228 shares (3.40%) to 19,95,728 shares (3.35%). The mode of disposal is described as a market sale through inter-se transfer, meaning the shares were transferred within the promoter/promoter group rather than to an outside entity. The total share capital of the company remained unchanged at 5,94,89,164 shares.
This is a very small, routine reshuffling of equity within the promoter group and is unlikely to have any material impact on the stock price or overall promoter control of Linc Limited. Retail investors need not be concerned as the company's promoter structure remains intact.