Linc Limited has strengthened its sales leadership with the appointment of Mr. Krishna Kumar Gupta as Vice President GT Sales, effective July 20, 2026. The strategic move aims to leverage Gupta's extensive experience to drive business growth and enhance market presence. The appointment was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The company has confirmed that Gupta joins on a full-time employment basis. The disclosure was submitted to the stock exchanges, including the Calcutta Stock Exchange Ltd., BSE Limited, and the National Stock Exchange of India Ltd., to inform shareholders and regulatory bodies.

Executive Profile

Mr. Krishna Kumar Gupta is a results-driven senior sales leader with over 24 years of experience in sales leadership, business development, and go-to-market strategy across leading FMCG organizations. His career includes senior leadership positions at Perfetti Van Melle India, Kellogg's India, and Nestlé. In these roles, he successfully drove large-scale sales operations and business growth across the North, East, and West regions of India.

Gupta's expertise encompasses sales strategy, distributor and channel management, trade marketing, and sales capability development. Linc Limited expects his strong track record of driving sustainable business growth to contribute significantly to its commercial objectives.

Linc Ltd has approved a further investment of up to USD 250,000 in its joint venture entity, Silka Linc Kirtasiye Urunleri Sanayi Anonim Sirketi, based in Turkey. The investment aims to strengthen the joint venture's financial position for growth in the writing instruments sector. The transaction is classified as a related party transaction, with the company maintaining its existing stake through this infusion.

The board approved the cash consideration, which is approximately Rs. 2,31,25,000, to fund capital expenditure and working capital needs. The investment is expected to be completed within three months from the date of the investment. As the joint venture partner, Silka Kirtasiye Imalat Sanayi Ve Ticaret Limited Sirketi, will contribute an equivalent amount, there will be no change in the shareholding pattern of the entity.

Silka Linc Kirtasiye Urunleri Sanayi Anonim Sirketi was incorporated on October 17, 2024, and operates from Istanbul, Turkey. The entity is engaged in the manufacturing of writing instruments and manages their distribution and sale in Turkey and nearby countries. The joint venture reported a turnover of Rs. 1152.41 Lakhs and a paid-up share capital of Rs.821.94 Lakhs.

Financial and Operational Details

The following table outlines the key financial metrics and transaction details regarding the joint venture:

The company disclosed that the subscription falls within related party transactions as it has an interest in the entity to the extent of its shareholding. No specific governmental or regulatory approvals are required for this acquisition. The joint venture did not report any turnover for FY 2024-25, while FY 2025-26 recorded a turnover of Rs. 1152.41 Lakhs.