Please find enclosed our letter no. Sect/40 dated 22 May 2026 in connection with update on investment by the Company in Zenataris Renewable Energy Private Limited. You are requested ....
LINDEINDIA · price
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Linde India has provided an update on its investment in Zenataris Renewable Energy Private Limited. The company's stake in Zenataris has been diluted from 27% to 19.18% following further allotment of equity shares by Zenataris to existing and new shareholders. This is a passive dilution where the company's ownership percentage decreased without any sale of shares by Linde India itself. The company previously held 27% after initial subscription and allotment of equity shares.
This dilution reduces Linde India's influence over Zenataris, which may now fall below significant influence thresholds. The change is passive in nature and unlikely to have immediate material impact on Linde India's financials or stock price.