This article was published on economic times – Sep 26, 2024
Writing instrument manufacturers and exporters, Linc on Thursday announced two joint ventures (JV) — with Japan’s Mitsubishi Pencil Company where it has a 49% shareholding and an equal ownership JV with Turkey’s Silka Kirtasiye Imalat Sanayi Ve Ticaret Ltd Sirketi (SILKA), as per company’s disclosures to the stock markets.
Incidentally, Mitsubishi Pencil also holds a 13.45% stake in Linc. The promoter and promoter group owns 59.5% in the company.