LINC LIMITED — Capital/Financing Update 2024

Jul 18, 2024

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18[th] July, 2024

The Manager, Listing Department, National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400051 Symbol- LINC

Dear Sir / Madam,

Sub: Capacity Addition

Further to our submission dated 2[nd] May, 2024 and in reference to your email dated 17[th] July, 2024, please note the details in respect of the new infrastructure for a proposed manufacturing unit near to its existing factory near Kolkata.

• a. Existing Capacity

: 24 crore pens per year

• b. Existing Capacity Utilisation : 72%

• c. Proposed Capacity Addition

: Cannot be quantified currently. Investment in Machineries will be in modular way - in line with the market demand.

• d. Period within which the proposed Capacity is to be added

: Q1 of FY26.

• e. Investment required

: Rs. 35 Crores

• f. Mode of Financing

: Internal Accruals.

• g. Rational

: Will fasten the capacity addition process in line with the market demand for Company's products. Will also bring economic and logistics synergies.

Thanking You,

Yours faithfully, For LINC LIMITED

DIPANKA Digitally signed by DIPANKAR DE R DE Date: 2024.07.18 13:47:28 +05'30'

DIPANKAR DE Company Secretary

Linc Limited (Formerly known as Linc Pen & Plastics Ltd.) A: Aurora Water Front, 18[th] Floor, GN 34/1, Sector-V, Salt Lake Kolkata- 700091, India. T: -91 33-6826 2100 W: www.lincpen.com, CIN: L36991WB1994PLC065583, E: linc@lincpen.com