Linc Ltd files SEBI Reg 29(2) disclosure for share acquisition by Devanshi Jalan

What Linc Ltd announced

Linc Ltd. (BSE: 531241) filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on 27 June 2026. The filing informs the market that Devanshi Jalan has acquired a substantial block of Linc Ltd. shares, triggering the mandatory reporting requirement.

The company’s filing, submitted through the BSE portal, contains the statutory statement required by SEBI but does not provide quantitative details such as the number of shares acquired, the percentage of total equity, or the purchase price.

Details of the disclosure

• Acquirer: Devanshi Jalan (individual/entity).
• Regulatory basis: SEBI (SAST) Regulations, 2011 – Regulation 29(2) mandates disclosure when a person acquires shares that cross prescribed thresholds (typically 5% or more of the voting share capital).
• Filing date & time: 27 June 2026, 10:38 UTC.
• Exchange: Bombay Stock Exchange (BSE).
• Document reference: PDF filed on BSE’s corporate filing portal (link provided in the source).

The filing is purely informational; it does not indicate any change in control, board composition, or immediate corporate actions.

Regulatory background

The SEBI (SAST) Regulations aim to ensure transparency when large shareholdings change hands. Regulation 29(2) requires the target company to disclose, within two working days of becoming aware, the identity of the acquirer, the number of shares acquired, and the percentage of total equity. This enables market participants to assess potential shifts in ownership and voting power.

Key facts at a glance

Why this matters for investors

The filing confirms that a party named Devanshi Jalan now holds a material stake in Linc Ltd. While the exact size of the holding is not disclosed, the requirement to file under Reg 29(2) implies that the stake likely meets or exceeds the 5% threshold that triggers mandatory reporting. Investors should monitor subsequent disclosures, as SEBI may require the acquirer to file a detailed statement (Form SAST‑1) within a prescribed period, which would reveal the precise share count and any intent to influence management.

Conclusion

Linc Ltd. has complied with SEBI’s disclosure obligations by reporting that Devanshi Jalan has acquired a substantial shareholding. The filing does not provide quantitative details, and no immediate corporate actions have been announced. Market participants should await any follow‑up filings that may disclose the exact size of the holding and any strategic intentions of the acquirer.