Shareholders meeting

24th August, 2026 The Listing Department, The Manager The Manager, The Calcutta Stock Exchange Ltd. Department of Corporate Listing Department, 7, Lyons Range, Services, National Stock Exchange of India Ltd. Kolkata – 700001 BSE Limited Exchange Plaza, P. J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400001 Mumbai - 400051 Scrip Code- 022035 Scrip Code- 531241 Symbol- LINC Dear Sir / Madam, Sub: Notice of 32nd Annual General Meeting. Please note that the 32nd Annual General Meeting of the Company will be held on Thursday, 17th September, 2026 at 11.00 A.M. (IST) In terms of Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of Annual Report 2025-26 and a copy of the Notice dated 26th May, 2026 convening the 32nd Annual General Meeting of the Company. This is for your information and records. Thanking You, Yours faithfully, For LINC LIMITED DIPANKAR DE Company Secretary Linc Limited (CIN: L36991WB1994PLC065583) A: Aurora Water Front, 18th Floor, GN 34/1, Sector-V, Salt Lake, Kolkata- 700091 W.B., India. T: +91 33-6826 2100 W: www.linclimited.com, E: linc@linclimited.com LINC. HELPING THE WORLD CO M MUNICATE BETTE R LINC LIMITED | ANNUAL REPORT 2025-26 Every 2 Introduction to the theme 14 Fifty years ago, Linc entered the writing instruments business 18 5 lines worth underlining before you read this Annual Report O future is 19 Corporate snapshot 24 Our journey N 27 Our credible performance at a glance invisible 28 Managing Director’s message T 34 Analysis 42 CFO’s review until E 46 FY2025-26 Business review 50 50 years counted differently N 56 Linc. Written across borders somebody 59 Our Brand report FY2025-26 62 Our global footprint 66 Business driver: International business writes it 72 Business driver: Digitalisation 75 Business driver: Marketing strategy and distribution 78 Business driver: Procurement and supply chain excellence down. 81 Environment, Social and Governance 85 Management discussion and analysis 90 Director’s Report 96 Corporate Governance Report Before the Company, the invention, the 123 Standalone Financial Statements resignation, the confession or the promise, 200 Consolidated Financial Statements there is only a blank page and a hand 282 10 years financial highlights brave enough to begin. Linc exists for that 283 Corporate Information precise second. Forward-looking statement In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our prospects and take informed investment decisions. This report and other statements - written and oral - that we periodically make, contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipates’, ‘estimates’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’ and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in our assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. An entirely ordinary Tuesday in the life of a pen. 8:12 am 10:46 am 1:20 pm 4:05 pm 7:40 pm 11:03 pm 12:00 am It started with the It corrected the It sketched It signed an It wrote three It circled a date By midnight, it examination. destination on a a missing appointment difficult words: on a calendar. was inside a dispatch note. component on a letter. ‘I am sorry.’ drawer. factory floor. The pen had no idea what it had moved forward. 2 | Linc Limited Annual Report 2025-26 | 3 The Few powerful things are treated casually. ordinary Borrowed without permission. pen. Carried without thought. Chewed during decisions. Spun during meetings. Lost when most needed. Found when nobody remembered buying it. Lives in schoolbags, shirt pockets, shop counters, reception desks and kitchen drawers. Ordinary enough to be everywhere. Important enough to be missed immediately. Nobody notices the pen. Until. Until there is nothing to write with. 4 | Linc Limited Annual Report 2025-26 | 5 Just a pen for most. A Constitution was A pen helped bring This single written by hand. astronauts safely home. The Constitution of India was During the Apollo 11 mission instrument painstakingly calligraphed by in 1969, astronaut Buzz Aldrin Prem Behari Narain Raizada, used a simple felt-tip pen to has shaped who spent nearly six months activate a damaged circuit writing the original manuscript breaker inside the lunar module by hand. Every carefully crafted after a switch had accidentally history. stroke of the pen helped shape broken. That seemingly ordinary the world’s largest democracy, writing instrument powered creating a document that the ascent engine, enabling continues to guide over 1.47 humanity’s first crewed return billion people. from the Moon. Fifty-six signatures Picasso - The napkin changed the course of story history. Picasso once sketched on a The United States Declaration of napkin for an admirer and Independence brought together then asked for a million francs. 56 signatures on a single Shocked, she said, ‘How can document-each representing an you ask for so much? It took you extraordinary act of conviction. five minutes to draw this!’ More than ink on parchment, Picasso replied: ‘No, it took me those signatures marked the 40 years to draw this in five birth of a nation and became minutes.’ A reminder that true enduring symbols of courage, mastery is built over years - and unity and democratic ideals. reflected in every stroke. 6 | Linc Limited Annual Report 2025-26 | 7 Products belong to Every classic once began A handwritten manuscript as a handwritten page. created a global literary years. phenomenon. Long before his novels became literary masterpieces, Charles Before Harry Potter became a global Dickens wrote them entirely by phenomenon, J.K. Rowling first hand using a quill pen and ink. His developed the story by hand. Even surviving manuscripts reveal countless the earliest ideas for Hogwarts were edits, rewrites and annotations, famously scribbled on an aeroplane demonstrating that some of the sick bag - proving that extraordinary world’s greatest works of literature stories often begin with nothing more were crafted one handwritten than a pen and an idea. sentence at a time. Brands belong to generations. Every loved character first Every invention began as existed as a sketch. a sketch. Before Mickey Mouse, Cinderella, Centuries before modern engineering One generation knew Linc Supreme. Simba or Elsa came to life on screen, tools existed, Leonardo da Vinci filled they began as hand-drawn sketches. notebooks with intricate hand-drawn Another made Glycer a part of everyday writing. At Walt Disney Studios, simple sketches of flying machines, bridges, A younger India discovered Pentonic. pencil strokes evolved into timeless armoured vehicles and mechanical characters, showing how every devices. Many of his ideas were Pens changed. Designs changed. Price points iconic creation starts with an idea centuries ahead of their time, proving changed. Stores changed. captured on paper. that innovation often begins not in a laboratory, but on a blank sheet of One sentence did not: ‘Give me Linc.’ paper. 8 | Linc Limited Annual Report 2025-26 | 9 Every generation has had a Linc moment 10 | Linc Limited Annual Report 2025-26 | 11 “Maa, I need a pen for “The next class will [Showing first 8,000 characters — download PDF for full document]