Linc Limited — Others, 07-12-2024: Amendment to AOA/MOA

Linc Limited has announced a board meeting regarding the approval of several key measures: a split of equity shares from Rs. 10 to Rs. 5, issuance of bonus shares at a 1:1 ratio post-split, an increase in authorized share capital to Rs. 31 crore (cr), and the re-appointment of Shri Narayan Kumar Dujari as Whole Time Director effective February 14, 2025. All resolutions received overwhelming support from shareholders, reflecting strong investor confidence. This strategic maneuver aims to enhance liquidity and shareholder value, fostering a more robust financial foundation. Overall, this development presents a positive outlook for the company and its investors.