NSEGeneral Updates14 Jul 2026 · 14 Jul 2026, 06:04 pm
General Updates
Linde India Limited · LINDEINDIA
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Linde India Limited has invested Rs. 69,90,99,984.30 in Zenataris Renewable Energy Private Limited, acquiring 26.77% stake. The investment is part of the company's overall planned investment of Rs. 105 Crores in the SPV.
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Full Announcement
Please find enclosed our letter no. Sect/60 dated 14 July 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.
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Sect/60
14 July 2026
To, To,
The Manager [NSE NEAPS] The General Manager [BSE Listing Centre]
Listing Department Department of Corporate Services
National Stock Exchange of India Ltd., BSE Limited
Exchange Plaza, 5th Floor, New Trading Ring, Rotunda Building, 1st Floor,
Plot No. C/1, G-Block, P. J. Towers, Dalal Street,
Bandra Kurla Complex, Bandra (E), Fort,
Mumbai – 400 051 Mumbai – 400 001
SYMBOL: LINDEINDIA SCRIP Code: 523457
Dear Sir/Madam,
Update on investment by the Company in Zenataris Renewable Energy Private Limited in Karnataka
We wish to inform you that on 13th July, 2026 the Company had invested a sum of
Rs. 699,099,984.30/- (Rupees Sixty Nine Crores Ninety Lakhs Ninety Nine Thousand Nine Hundred Eighty Four
and Paisa Thirty only) in Zenataris Renewable Energy Private Limited, a Special Purpose Vehicle (SPV) of Fourth
Partner Energy Private Limited, towards subscription of its equity shares. Pursuant to such application, the
Company has been allotted 82,93,001 equity shares of face value of Rs. 10/- each (allotted at a premium of Rs.
74.30/- each) on 14th July 2026.
This investment is the final tranche in the overall planned investment of Rs. 105 Crores in the above mentioned
SPV.
Details of the above investment as required to be disclosed under SEBI Master Circular No.
HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, are mentioned below:
Sl. No. Particulars Details
1. Name of the target entity, details in brief such as Zenataris Renewable Energy Private Limited
size, turnover, etc.
2. Whether the acquisition would fall related party No
transaction(s) and whether the
promoter/promoter group/group companies
have any interest in the entity being acquired?
If yes, nature of interest and details thereof and
whether the same is done at “arms length”.
3. Industry to which the entity being acquired Renewable Power
belongs.
4. Objects and effects of acquisition Purchase of renewable power under captive
mechanism
5. Brief details of any governmental or regulatory Open access permission for transmission of
approvals required for the acquisition. power which is obtained by the generator.
Registered Office
Linde India Limited Phone +91 33 6602 1600
Oxygen House, P43 Taratala Road Fax +91 33 2401 4206
Kolkata 700 088, India customercare.lg.in@linde.com
CIN L40200WB1935PLC008184 www.linde.in
6. Indicative time period for completion of the Allotment of 82,93,001 equity shares against
acquisition. the total investment of
Rs. 69,90,99,984.30/- has been completed.
7. Nature of consideration – whether cash Cash
consideration or share swap and details of the
same.
8. Cost of acquisition or the price at which the shares Rs. 69,90,99,984.30/-
are acquired.
9. Percentage of shareholding/control acquired 26.77% (post allotment)
and/or number of shares acquired.
10. Brief background about the entity acquired in Zenataris Renewable Energy Private Limited
terms of product/line of business acquired, date was incorporated on 8 October 2018, and is
of incorporation, history of last 3 years turnover, engaged in the business of establishing,
country in which the acquired entity has presence commissioning, operation and generation of
and any other significant information (in brief) electricity through renewable energy source
such as wind, solar, and/or any other means
in India or elsewhere, including transmission,
distribution, supply and sale of such power
either directly or through transmission lines
and facilities of Central/State Governments
or Private companies or Electricity Board to
industries and to Central/State Government
and other consumers of electricity including
captive consumption.
This may please be treated as compliance under regulation 30 read with schedule III of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
You are requested to please take the above on record.
Thanking You,
Yours faithfully,
Amit Dhanuka
Company Secretary
Registered Office
Linde India Limited Phone +91 33 6602 1600
Oxygen House, P43 Taratala Road Fax +91 33 2401 4206
Kolkata 700 088, India customercare.lg.in@linde.com
CIN L40200WB1935PLC008184 www.linde.in