Please find enclosed our letter no. Sect/3 dated 9th January 2026 enclosing therewith pdf copy of Postal Ballot Notice dated 29 December 2025. You are requested to please take the above on record.
LINDEINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Linde India has issued a Postal Ballot Notice seeking shareholder approval for the appointment of Mr. Milan Sadhukhan (DIN: 03082335) as Director and Managing Director of the company for a 3-year term from 1 January 2026 to 31 December 2028. Mr. Sadhukhan, aged 50, is a Chartered Accountant and Cost & Management Accountant with over 25 years of experience in finance roles across Asia and the UK, and is currently Head of Finance, ASEAN & South Asia within the Linde Group. His proposed remuneration includes a basic salary of Rs. 63 lakh per annum, a special allowance of Rs. 1.068 crore per annum, plus variable pay under STIP/MTIP/LTIP, a car, and other benefits. The remote e-voting period runs from 15 January 2026 to 13 February 2026, with results to be announced by 15 February 2026.
This is a leadership continuity move, with an internal Linde Group executive being elevated to the top role at the Indian subsidiary. Shareholders will need to vote to formalise the appointment; the resolution requires a special resolution (higher voting threshold) for approval.