Linde India Limited has informed the Exchange with copy of minutes of Annual General Meeting held on August 14, 2025
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Linde India submitted the minutes of its 89th AGM held on August 14, 2025 via video conference, attended by 75 members. Key financial highlights for FY25: total revenue from operations fell 10.2% to Rs. 24,854 million (due to Project Engineering Division headwinds), but the core Gases Division grew 2% to Rs. 20,408 million. EBITDA rose 6.9% to Rs. 8,329 million with a 536 bps margin expansion to 33.5%, and profit after tax grew 5% to Rs. 4,478 million. A total dividend of Rs. 12 per share (including a Rs. 7.50 special dividend) was declared, absorbing Rs. 102.34 crore. All six resolutions were passed, including reappointment of MD Abhijit Banerjee for three years and Director Mannu Sangganeria. Strategic updates include new agreements with Tata Steel (Odisha) and Asian Paints (Dahej) for additional Air Separation Units, an order book of Rs. 20,207 million, and progress on renewable energy sourcing.
Positive signals for shareholders: strong margin expansion and PAT growth despite revenue decline, a generous special dividend, and new long-term contracts that strengthen the order pipeline. The steady shareholder approval (over 94% in favor on key resolutions) reflects continued confidence in management and the strategic direction.