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Linc inks pact to make investment in Gelx Industries

05 Apr 2023 Evaluate

Linc has entered into an agreement in relation to an Investment in Gelx Industries. The acquisition will provide opportunity for Growth to Linc in Africa. Consequent to acquisition of 60% of shareholding of Gelx through acquisition of 2,56,94,400 equity shares, it will become a subsidiary of Linc.

Linc is one of India’s most trusted writing instrument manufacturers with a national and international presence in over many countries.

Peers
Company Name CMP
DOMS Industries 2102.05
Flair Writing Ind. 233.00
Kokuyo Camlin 76.86
Linc 95.01
Sundaram Multi Pap 1.16
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