The Board of Directors of the Company has recommended a total dividend of 120% (i.e., Rs. 12/- per equity share) inclusive of a special dividend of 80% (i.e., Rs. 8/- per equity share) on 85,284,223 fully paid-up equity shares of Rs. 10/- each for the year ended 31st March 2026.
LINDEINDIA · price
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Linde India Limited's Board recommended a total dividend of 120% (Rs. 12 per share), including a special dividend of 80% (Rs. 8 per share), for FY2026 ending March 31. The full-year standalone profit grew 23% to Rs. 5,509 million (vs Rs. 4,478 million prior year), with consolidated profit at Rs. 5,490 million, up 21% YoY. Revenue from operations stood at Rs. 25,306 million. The auditors issued a qualified opinion citing ongoing SEBI regulatory proceedings regarding related party transactions and business allocation with Praxair India Private Limited, where the matter is sub-judice in the Supreme Court. The 90th AGM is scheduled for August 13, 2026, with book closure from August 7-13.
Strong profit growth and special dividend signal company confidence, but ongoing SEBI regulatory risks and qualified auditor opinion create uncertainty. The special dividend component suggests one-time cash distribution rather than a sustainable policy change.