LINDEINDIANSELinde India Limited· GasMediumPositive
Announced Wed, 27 May · 16:10 IST

Please find enclosed our letter no. Sect/42 dated 27 May 2026 in connection with commencement of commercial production at the Company''s new Air Separation Unit at Jindal Stainless Ltd. at Kalinganagar (JSL). You are requested to please take the above on record.

Greenfield CommissionedCapex & Operations View source PDF

LINDEINDIA · price

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Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹7247.00
prior close
₹7380.00
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Linde India has commenced commercial production at its new Air Separation Unit located at Jindal Stainless Ltd.'s facility in Kalinganagar. The plant has a capacity of 1,450 tonnes per day of Oxygen, 1,800 tonnes per day of Nitrogen, and 64 tonnes per day of Argon. The facility was specifically designed to supply industrial gases to Jindal Stainless Ltd. and will also have additional capacity to serve the merchant market. This follows an earlier announcement made in August 2022 regarding the project setup. The company has informed the stock exchanges as per SEBI listing regulations.

Likely market impact

The commencement of this new Air Separation Unit represents capacity expansion for Linde India and strengthens its long-term supply relationship with Jindal Stainless. This is positive for the company's revenue growth outlook as it adds dedicated volume from JSL plus additional merchant market potential.