LINC Limited has received an extension of its credit rating validity from Acuite Ratings & Research Limited, maintaining strong ratings for the company's bank facilities. The rating agency has extended the validity while keeping the existing rating levels unchanged.

Credit Rating Details

The extended credit ratings demonstrate LINC Limited's continued financial stability and creditworthiness in the market. Acuite Ratings & Research Limited has maintained confidence in the company's ability to meet its financial obligations.

Regulatory Compliance

LINC Limited has duly informed all relevant stock exchanges about this credit rating extension as part of its regulatory obligations. The company filed the disclosure under Regulation 30, ensuring transparency with stakeholders and maintaining compliance with listing requirements.

The communication was sent to multiple exchanges where the company's shares are listed:

• BSE Limited: Scrip Code 531241
• National Stock Exchange of India Limited: Symbol LINC
• The Calcutta Stock Exchange Limited: Scrip Code 022035

Company Communication

The formal notification was signed by Dipankar De, Company Secretary of LINC Limited, on April 16, 2026. The company emphasized that this information is being shared for the records and information of all stakeholders, demonstrating its commitment to transparent communication with investors and regulatory bodies.

LINC Limited has made a strategic investment of Rs 5,60,52,350 in its subsidiary Morris Linc Private Limited through the allotment of 56,05,235 equity shares of Rs 10 each at par value. The investment was completed on April 13, 2026, as disclosed in the company's regulatory filing under SEBI LODR Regulations.

Investment Details

The investment represents a significant capital infusion by LINC Limited to strengthen its subsidiary operations in the writing instruments sector. Morris Linc Private Limited, incorporated on June 28, 2023, operates in the manufacturing of writing instruments.

Subsidiary Company Profile

Morris Linc Private Limited operates with an authorized share capital of Rs 12 crore and a paid-up share capital of Rs 43.50 lakh. The company has shown significant growth in recent operations with turnover reaching Rs 56,08,682 in the current financial year.

Strategic Implications

The investment maintains the existing shareholding structure with LINC Limited holding 50.01% and Morris Co. Ltd. holding 49.99% in Morris Linc Private Limited. The proceeds from this share allotment will be utilized by Morris Linc towards capital expenditure and working capital requirements.

This capital infusion demonstrates LINC Limited's commitment to expanding its presence in the writing instruments industry and supporting the operational growth of its subsidiary. The investment aligns with the company's strategy to strengthen its corporate structure and enhance business capabilities within its subsidiary network.