Event Summary
Linc Limited held its 32nd Annual General Meeting (AGM) on Thursday, 17th September, 2026 at 11:00 AM IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
Meeting Details
The meeting was chaired by Shri Deepak Jalan, Managing Director of the Company. The Chairman of Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee were present at the meeting.
The quorum was present at the meeting commencement. The Chairman delivered a speech about the company's functioning and financial position, which was separately filed.
Voting Process
The Company provided remote e-voting facilities under Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rule, 2014 as amended by the Companies (Management and Administration) Amendment Rules 2015 and Regulation 44(1) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
The voting period remained open from Sunday, 13th September, 2026 at 9:00 AM to Wednesday, 16th September, 2026 at 5:00 PM. Additional voting facilities were provided during the AGM for shareholders who did not cast their vote through remote e-voting prior to the meeting.
Mr. D. C. Sahoo, Practicing Company Secretary, was appointed as scrutinizer to conduct the voting process in a fair and transparent manner.
Resolutions Considered
The following resolutions from the Notice dated 26th May, 2026 were taken up for consideration:
- Resolution 1: To consider and adopt the Audited Financial Statements (both Standalone and Consolidated) for the year ended 31st March, 2026 together with the reports of the Auditors and Directors
- Resolution 2: To declare Dividend of ₹1.50 per Equity Share of face value of ₹5 each (30%) of the Company for the year ended 31st March, 2026
- Resolution 3: To appoint Shri Rohit Deepak Jalan (DIN: 06883731), as a Director, who retires by rotation and being eligible offers himself for re-appointment
- Resolution 4: To approve Material Related Party Transaction
Shareholder Interaction
Several members raised queries on the Company's accounts and business during the meeting, which were replied to by the Chairman.
Meeting Conclusion and Disclosure Timeline
The Chairman declared the meeting concluded at 12:35 PM (including the time allowed for e-voting during the AGM).
The voting results will be communicated to the Stock Exchanges within two working days from the conclusion of the Annual General Meeting. The results will also be placed on the website of the Company and NSDL.