Linc Limited — Others, 07-12-2024: Shareholders meeting

Linc Limited has announced a board meeting regarding the approval of several key resolutions, including the sub-division of equity shares from ₹10 to ₹5, an issue of bonus shares in a 1:1 ratio, and an increase in authorized share capital to ₹31 crores. Furthermore, the company will re-appoint Shri Narayan Kumar Dujari as Whole Time Director effective 14th February 2025. All resolutions were passed with a decisive majority, reflecting strong shareholder support. This positive development may enhance liquidity and shareholder value, potentially boosting investor sentiment.