Linde India has consummated and closed the Business Transfer Agreement (BTA) for divestment of the ‘South Region Divestment Business’ which was signed on November 22, 2019 with Air Water India and Air Water Inc. The company has also received the full purchase consideration of Rs 13,800 million from Air Water India as per the terms of the aforesaid Business Transfer Agreement.
Linde India, formerly BOC India, is a member of The Linde Group. The Company is engaged in the manufacturing of liquefied or compressed inorganic industrial or medical gases and construction of utility projects. Its segments include gases and related products and Project Engineering.