Hi @nboreddy welcome
The issue view does not automatically refresh when changes are made by other users or external events, including when a new issue link is added. There is an open feature request for this, JSWCLOUD-12807, which covers auto-refreshing the issue view when changes occur. As of now, there is no native toggle or admin setting to enable real-time link panel updates without a page reload.
Real-time comment updates in Jira Cloud issue view
https://jira.atlassian.com/browse/JSWCLOUD-12807
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