Linc Ltd Approves USD 250,000 Further Investment in Turkish Joint Venture Silka Linc
Linc Ltd announced on April 27, 2026, that its Board of Directors approved a further investment into M/s Silka Linc Kirtasiye Urunleri Sanayi Anonim Sirketi, Turkey. The investment concerns the joint venture company (JVC) operating in Turkey, known as Silka Linc.The company sanctioned a further investment amounting to USD 250,000 into Silka Linc. The approval came following a Board meeting held on April 27, 2026.
In a move designed to maintain balanced participation, Linc Limited confirmed that there will be no change in its shareholding percentage within Silka Linc. This stability is ensured because the other partner, M/s. Silka Kirtasiye Imalat Sanayi Ve Ticaret Limited Sirketi, will concurrently invest a similar amount of USD 250,000.
The financial commitments of the partners involved are detailed below:
| Company/Party | Action | Investment Amount |
|---|---|---|
| Linc Limited | Further Investment | USD 250,000 |
| M/s. Silka Kirtasiye Imalat Sanayi Ve Ticaret Limited Sirketi | Joint Investment | USD 250,000 |
This mutual investment from both parties ensures the continued structure and equal representation of shares for Linc Limited within the joint venture.
LINC Stock Price Movement
Today, Linc Limited shares edged higher to close at ₹97.97, gaining 0.61% after sessions concluded. The stock traded on a notable volume of 31,544 shares during the day's activity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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