Linc Limited — Others, 04-02-2025: Action(s) taken or orders passed

Linc Limited has announced a board meeting to address a demand order from the Ghaziabad authority requiring the payment of ₹2.42 crore in tax, ₹2.83 crore in interest, and ₹0.47 crore in penalty related to GST issues. Despite this, the company does not expect any material financial impact as it plans to contest the order at the appropriate forums with a favorable outcome anticipated. Investors may view this as a neutral impact, with potential risks involved, though Linc's proactive approach could instill confidence in its management and governance.