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Linde India’s promoter plans stake sale

12 Apr 2013 Evaluate

Linde India’s UK-based parent company, The BOC Group, is planning to reduce stake in the company from the current 89.48% to comply with the Securities and Exchange Board of India (SEBI) norms on minimum public share holding requirements. In this regard, BOC UK has appointed Citigroup Global Markets India as the sole broker for the offer for sale (OFS).

The BOC Group proposes to sell a portion of its equity shares in the company through one or more OFS through stock exchanges to comply with the minimum public shareholding as per SEBI guidelines.

Linde India is engaged in manufacturing of industrial gases and undertaking engineering projects. The company owns one of the Asia’s largest air separation units. The company owns more than 20 manufacturing units, 40 warehouses and depots, 100 dealers and more than 100 dedicated tankers in the distribution fleet. 

Linde India Share Price

7234.30 19.25 (0.27%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Petronet LNG 273.05
Bharat Coking Coal 35.75
Linde India 7234.30
Refex Industries 244.75
IRM Energy 220.60
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