Linde India invested ₹69.91 Cr in Zenataris Renewable Energy Private Limited to acquire a 26.77% stake, marking the final tranche of a planned ₹105 Cr investment in the Special Purpose Vehicle (SPV) of Fourth Partner Energy Private Limited. The company subscribed to 82,93,001 equity shares with a face value of ₹10 each at a premium of ₹74.30 per share. The allotment was completed on July 14, 2026, following the investment application made on July 13, 2026. The transaction is not a related party transaction and was conducted at arm's length.

Investment Details

The investment is structured as a cash consideration to support the purchase of renewable power under a captive mechanism. Zenataris Renewable Energy Private Limited, incorporated on October 8, 2018, operates in the renewable power industry. The entity is engaged in establishing, commissioning, operating, and generating electricity through renewable energy sources such as wind and solar in India.

Regulatory Disclosures

The disclosure was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPD2/1/3762/2026 dated January 30, 2026. The regulatory approvals required for the acquisition include open access permission for the transmission of power, which has been obtained by the generator. The filing was submitted to the National Stock Exchange of India Ltd. and BSE Limited under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Linde India Limited has scheduled its 90th Annual General Meeting (AGM) for Thursday, 13 August 2026, at 10:00 AM IST via Video Conference (VC) or Other Audio-Visual Means (OAVM). The meeting will be conducted without physical presence, adhering to the Companies Act, 2013, SEBI (LODR) Regulations, 2015, and Ministry of Corporate Affairs General Circular No. 03/2025. The public notice was published in Business Standard and Aajkaal on 8 July 2026, with the filing submitted by Company Secretary Amit Dhanuka on 9 July 2026.

Key AGM and Book Closure Details

The table below outlines the critical dates and parameters for the upcoming meeting:

Dividend and Shareholder Information

The dividend recommended by the Board of Directors on 30 May 2026, if declared at the AGM, will be paid to members listed in the Register of Members or Beneficial Owners list as of Thursday, 6 August 2026. The book closure period is from Friday, 7 August 2026 to Thursday, 13 August 2026. Payments will be made via RBI-approved electronic modes.

Shareholders are requested to update complete bank details with their depositories for dematerialised shares or with the Company/RTA at investor.relations.in@linde.com or einward.ris@kfintech.com for physical shares, accompanied by a self-attested request letter, PAN card copy, and cancelled cheque.

AGM Notice and Annual Report Distribution

The AGM notice and Annual Report for 2025-26 will be sent electronically to members with registered email addresses. Those without registered emails will receive a web-link. The documents will also be available on the company website www.lindeindia.in under the "Investors" section, on BSE and NSE websites, and NSDL's e-voting portal. Printed copies will be sent upon specific request.

Members holding physical shares must update email addresses via the RTA portal, while electronic holders must update details with their Depository Participants.

E-Voting Facility

Members can vote through remote e-voting and e-voting at the AGM. Instructions will be provided in the AGM notice. Participation via VC/OAVM will count towards quorum under Section 103 of the Companies Act, 2013.

Tax Deduction at Source (TDS) on Dividend

Dividends declared after 1 April 2020 are taxable in the hands of shareholders, requiring TDS deduction by the company. Members must submit necessary documents via the Registrar's shareholder portal to determine the applicable TDS rate as per the Income Tax Act, 2025.