Linde India’s joint venture company -- Bellary Oxygen Company has signed and executed the asset sale agreement with JSW Steel, in view of the expiry of the gas supply contract with JSW Steel on November 14, 2021 and has received the consideration amount of Rs 50 crore for the transaction. The joint venture company has since handed over the possession of the 855 tonnes per day Air Separation unit and other related assets to JSW Steel as of November 15, 2021 and has also signed the closing documents on November 15, 2021. As a consequence of the above, the Hold Separate Arrangement in respect of the Belloxy Divestment will come to an end.
Linde India is engaged in manufacturing of industrial gases and undertaking engineering projects.
| Company Name | CMP |
|---|---|
| Petronet LNG | 277.65 |
| Bharat Coking Coal | 36.14 |
| Linde India | 7075.45 |
| Refex Industries | 256.80 |
| IRM Energy | 210.85 |
| View more.. | |
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