Linc Ltd promoter Deepak Jalan acquired 1,10,000 equity shares through a market purchase on September 29, 2026. This acquisition increased his shareholding in the company to 31,02,670 shares, representing 5.22% of the total voting capital.

The transaction was reported to the stock exchanges in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this purchase, Jalan held 29,92,670 shares, which constituted 5.03% of the company's equity.

Transaction details

The acquisition involved shares carrying voting rights. There were no encumbrances, warrants, or convertible securities associated with this specific transaction or the prior holding as per the disclosure. The mode of acquisition is explicitly stated as a market purchase.

Regulatory compliance

The disclosure confirms that Deepak Jalan belongs to the Promoter group of Linc Ltd. The company's equity share capital and total voting capital remained unchanged at 5,94,89,164 before and after the acquisition. The diluted share/voting capital also stands at 5,94,89,164, indicating no outstanding convertible instruments affecting the denominator for this calculation.

The filing was submitted to the Calcutta Stock Exchange, BSE Limited, and National Stock Exchange of India Ltd. on September 30, 2026.

Linc Limited saw multiple promoter group members execute inter-se transfers of equity shares on September 21, 2026. Devanshi Jalan disposed of 1,40,500 shares (0.23%), reducing her holding to 2.56%, while other family members acquired shares, resulting in a net consolidation of the promoter group's stake.

Promoter Group Transactions

The disclosures under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveal a coordinated movement of shares among the Jalan family. While Devanshi Jalan reduced her stake, Deepak Jalan, Divya Jalan, Sarita Jalan, and Rohit Deepak Jalan HUF increased their respective holdings through market purchases classified as inter-se transfers.

Transaction Details

All transactions occurred on September 21, 2026, and were reported to the stock exchanges on September 23, 2026. The mode of transaction for all parties was listed as "Market Sale" or "Market Purchase" with the specific annotation of "Inter-se Transfer." This indicates that the shares were moved between related entities within the promoter group rather than sold to external investors.

Net Impact on Promoter Stake

The aggregate movement shows a slight increase in the combined holding of the participating family members. Devanshi Jalan's reduction of 0.23 percentage points was offset by the combined acquisitions of Deepak Jalan (+0.08%), Divya Jalan (+0.03%), Rohit Deepak Jalan HUF (+0.07%), and Sarita Jalan (+0.05%).

What the Numbers Show

The data highlights a redistribution of equity within the promoter group without a significant change in total capitalization. The company's equity share capital remained constant at 5,94,89,164 shares before and after these transactions. The primary observation is the consolidation of voting rights: while one member exited a portion of their stake, four other family members increased theirs, suggesting an internal reallocation of ownership rather than a dilution of promoter control.