Linc promoter Deepak Jalan buys ₹11 cr of company stock in one shot.
The off-market acquisition lifts his stake to 4.95%, just below the 5% threshold that triggers SEBI's open-offer requirement.
— 5 earlier stories on Linc Ltd. →What's new
- Deepak Jalan acquired 11,24,962 shares, 1.89% of Linc's equity, via off-market transmission on June 9.
- His stake rose from 3.06% to 4.95%, placing him just under the 5% open-offer threshold.
- The transaction is the first disclosure of this event, making it new and material information.
Why this matters
Promoter buying is usually a signal of confidence, but the timing is stark. Linc just reported flat FY26 income, a 13.9% profit decline, and manufacturing delays. Jalan is doubling down after the company missed growth targets. At ₹11 cr against a ₹585 cr market cap, it's a 1.89% stake purchase, material enough to cross the 1.5% threshold for micro-caps.
What we're watching
- Whether other promoters follow with open-market buys, or if this is a one-off.
- If the stake crosses 5%, an open offer is triggered.
- Management commentary on the manufacturing delays that dragged FY26 results.
The full read
Deepak Jalan just put ₹11 crore into his own company. The off-market acquisition of 11,24,962 shares lifted his stake from 3.06% to 4.95%. For a firm with a ₹585 cr market cap, that's a concrete bet. What gives it weight is the context. Linc just finished a bad year. FY26 brought flat income, a 13.9% profit decline, and Q4 operating income down 10.6% on manufacturing delays. The stock is up, but fundamentals are soft. A promoter buying at this scale, right after missing targets, is a concrete bet on a turnaround. Not yet. The open question is whether it stays a one-off or becomes a broader accumulation. Jalan is now sitting just below the 5% trigger for a mandatory open offer.
Questions answered
- How much stock did Deepak Jalan buy, and how did he get it?
- He acquired 11,24,962 shares (1.89% of equity) through an off-market transmission on June 9. This is a direct transfer, not a market purchase.
- Why does the 4.95% stake matter?
- It places him just below the 5% threshold that would trigger an open-offer requirement under SEBI regulations. He is now a significant shareholder, but hasn't triggered that rule yet.
- Is this the first time a promoter has bought shares recently?
- This is the first disclosure of this specific event. Prior coverage noted promoter Aloke Jalan bought ₹11 cr of stock on June 10, which appears to be a separate transaction.
- What is Linc's financial backdrop?
- Linc's FY26 saw a 13.9% profit decline and flat income, with Q4 operating income down 10.6% due to manufacturing delays. The company's market cap is ₹585 cr.
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All notes on LINC →- 11 Jun 2026 · 11:23 AM IST Linc promoter Deepak Jalan buys ₹11 cr of company stock in one shot.
- 1d ago Linc's promoter Aloke Jalan bought ₹11 crore of company stock in one go.
- 15d ago Linc misses growth targets as manufacturing delays persist
- 16d ago Linc Ltd. reports flat FY26 income and a 13.9% profit decline
- 16d ago Linc Ltd. reports flat annual revenue and a dip in net profit