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 to please take the above on record.
LINDEINDIA · price
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Linde India Limited has disclosed that its equity stake in Zenataris Renewable Energy Private Limited has been diluted from 27% to 19.18%. The reduction occurred because Zenataris allotted additional equity shares to an existing shareholder and other new shareholders. This is a passive dilution where the company's percentage ownership decreased without any sale of shares by Linde India. The company has previously made similar disclosures regarding this investment on 28 February 2024 and 12 September 2024. The announcement was made under SEBI's Regulation 30 (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The dilution reduces Linde India's ownership interest in Zenataris, a renewable energy company. This passive dilution (from third-party share allotments) has a minimal direct impact on Linde India's financials, but reduces its influence in Zenataris. The stock is unlikely to see significant movement from this routine disclosure.