Linc Limited — Others, 07-05-2025: Change in Management

Linc Limited has announced a board meeting approving the financial results for the quarter and half-year. The company recorded consolidated revenue of Rs. 543.48 Cr and standalone revenue of Rs. 531.48 Cr, with consolidated net profit at Rs. 38.04 Cr and standalone at Rs. 38.66 Cr. A 30% dividend (Rs. 1.50 per share) has been proposed. Ms. Mamta Binani was appointed as an Additional Independent Director. Managing Director Deepak Jalan and Whole Time Directors Aloke Jalan and Rohit Deepak Jalan were re-approved with revised remunerations, subject to shareholder approval. M/s D.C. Sahoo & Co. was appointed as Secretarial Auditor for five years, pending approval. A joint venture with Ondesk Ventures Pvt Ltd will focus on online sales and distribution, with Linc holding 65%. The company is contesting a GST demand of Rs. 3.53 Cr plus penalty, confident in its defense.