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Linde India acquires 26% stake in Avaada Mhyavat

23 Apr 2022 Evaluate

Linde India has acquired 11,375,000 (26%) equity shares of Rs 10 each in Avaada Mhyavat. The company has invested a sum of Rs 11.40 crore in Avaada Mhyavat. The main aim of acquisition is to purchase of renewable power under captive mechanism, which will result in a lower tariff and consequent cost savings.

Linde India is engaged in manufacturing of industrial gases and undertaking engineering projects.

Linde India Share Price

7080.00 -154.30 (-2.13%)
20-Apr-2026 14:49 View Price Chart
Peers
Company Name CMP
Petronet LNG 273.55
Bharat Coking Coal 35.90
Linde India 7080.00
Refex Industries 248.45
IRM Energy 214.70
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