Linc Ltd. files SEBI SAST disclosure for share acquisition by Rohit Deepak Jalan

What Linc Ltd. announced

On 27 June 2026, Linc Ltd. (BSE code 531241) submitted a disclosure to the Bombay Stock Exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing records that Rohit Deepak Jalan has acquired a shareholding that meets the statutory definition of a substantial acquisition.

The announcement itself contains no narrative description; the filing is a statutory notice that the acquisition has occurred and that the company is complying with SEBI’s disclosure requirements.

"The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rohit Deepak Jalan."

Details of the acquisition (as per filing)

The PDF attached to the BSE filing does not provide quantitative details such as:

• the exact number of shares purchased,
• the percentage of the total paid‑up capital represented by the purchase,
• the aggregate consideration paid, or
• the date on which the shares were actually transferred.

The only concrete information is the identity of the acquirer – Rohit Deepak Jalan – and the fact that the transaction satisfies the threshold that obliges the company to file a Regulation 29(2) notice. All other specifics remain undisclosed in the public filing.

Regulation 29(2) of SEBI (SAST) Regulations, 2011

Regulation 29(2) mandates that any person who acquires shares exceeding 1 % of the total paid‑up share capital of a listed entity must immediately inform the stock exchange. The purpose is to provide transparency to the market and to allow shareholders to assess any potential change in control.

Key points of the regulation include:

• Thresholds: 1 % triggers the initial filing; further filings are required at 5 %, 10 %, 15 %, 20 %, 25 %, and any increase thereafter.
• Information required: number of shares acquired, percentage of total equity, consideration paid, and source of funds.
• Consequences: If the stake crosses 25 % of the paid‑up capital, the acquirer must obtain shareholder approval before proceeding with any further acquisition.

Because the Linc Ltd. filing does not disclose the exact percentage, investors cannot determine whether the 25 % approval trigger has been reached.

Key facts at a glance

Why this matters for investors

The filing confirms that a new shareholder has crossed the 1 % ownership threshold, which can have several practical implications:

• Transparency: Existing shareholders now know that Rohit Deepak Jalan holds a material interest, enabling them to monitor any future share‑holding changes.
• Potential governance impact: Should the stake increase beyond 25 %, the acquirer would be required to seek shareholder approval for any further purchases, possibly leading to a shift in voting dynamics.
• Regulatory compliance: The prompt filing demonstrates Linc Ltd.’s adherence to SEBI’s takeover code, reducing regulatory risk for the company.

However, because the filing omits the size of the stake and the transaction value, investors cannot assess the immediate financial impact or the degree of influence the new shareholder may wield.

Conclusion

Linc Ltd. has complied with SEBI’s takeover regulations by filing a Regulation 29(2) notice for a share acquisition by Rohit Deepak Jalan on 27 June 2026. The public filing confirms a substantial holding but does not disclose the exact number of shares, percentage ownership, or consideration paid. Investors should await any subsequent disclosures that may reveal the scale of the stake, especially if the holding approaches the 25 % threshold that would trigger a mandatory shareholder approval process.