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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

7043.50 48.20 (0.69%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Petronet LNG 279.15
Bharat Coking Coal 37.57
Linde India 7043.50
Refex Industries 345.95
IRM Energy 263.30
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