Shareholders meeting

Sect/70 13 August 2026 To, To, The Manager The General Manager Listing Department Department of Corporate Services National Stock Exchange of India Ltd., [NSE NEAPS] BSE Limited, [BSE Listing Centre] Exchange Plaza, 5th Floor, New Trading Ring, Rotunda Building, Plot No. C/1, G-Block, 1st Floor, P.J. Towers, Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai – 400 051 Fort, Mumbai – 400 001 SYMBOL: LINDEINDIA SCRIP CODE: 523457 Dear Sir/Madam, Proceedings/Outcome of the Ninetieth Annual General Meeting (AGM) of the Company held through Video Conference (VC)/Other Audio-Visual Means (OAVM) on Thursday, 13 August 2026 at 10:00 A.M. (IST) The Ninetieth Annual General Meeting (AGM) of the Company was held through Video Conference (VC)/Other Audio Visual Means (OAVM) on Thursday, 13 August 2026 at 10:00 a.m. (IST) in compliance with all the applicable provisions of the Companies Act, 2013, the Rules made thereunder, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in accordance with General Circular No. 20/2020 dated 5 May 2020 and General Circular No. 03/2025 dated 22 September 2025 issued by the Ministry of Corporate Affairs (MCA) and Circular no. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated 3 October 2024 read with Master Circular no. HO/49/14/14(7)2025-CFDPOD2/ I/3762/2026 dated 30 January 2026 issued by the Securities and Exchange Board of India (SEBI) read with other circulars issued for this purpose from time to time, permitting the companies to conduct their Annual General Meetings through Video Conferencing (‘VC’)/Other Audio Visual Means (‘OAVM’), in accordance with the framework provided therein. At 10:00 a.m., Mr Michael James Devine, Chairman, welcomed the Members present and after ascertaining the quorum, called the meeting to order. The Company had received one representation under Section 113 of the Companies Act, 2013 from The BOC Group Ltd., U.K. a wholly owned subsidiary of Linde plc (the ultimate Holding Company) in respect of its 75% shareholding of 63,963,167 equity shares in the Company. The Register of Directors and Key Managerial Personnel and their shareholdings under Section 170 of the Companies Act, 2013 and the Register of Contracts or Arrangements in which Directors are interested under Section 189 of the Companies Act, 2013 together with the Report(s) of the Statutory Auditors and Secretarial Auditors remained open and accessible to the Members electronically throughout the meeting pursuant to the provisions of the Companies Act, 2013. The Chairman introduced the Board Members, Key Managerial Personnel and the Statutory Auditors, who joined the meeting by VC/OAVM from various locations. The Chairman also acknowledged the presence of the Secretarial Auditors of the Company and the Scrutinizer appointed by the Board to scrutinize the e-voting process for the 90th AGM in a fair and transparent manner. At the request of the Chairman, Mr Amit Dhanuka, Company Secretary of the Registered Office Phone +91 33 6602 1600 Linde India Limited Fax +91 33 2401 4206 Oxygen House, P43 Taratala Road, Email customercare.lg.in@linde.com Kolkata 700 088, India. www.linde.in CIN L40200WB1935PLC008184 Company provided general instructions to the Members regarding participation in the meeting. The Chairman informed that all the necessary steps/measures had been taken by the Company under the current circumstances to enable the Members to participate and vote at the Meeting through electronic mode in a seamless manner. The Chairman then delivered his speech to the Members covering a brief overview of the Performance of the Company, Strengthening the Core Business, Sustainability and Energy Transition, Industry and Economic Outlook, Strategic Direction followed by his concluding remarks. Thereafter, at the request of the Chairman, Mr Milan Sadhukhan, the Managing Director of the Company made a presentation covering a brief introduction of Linde plc and Linde India, brief overview of Linde India’s Safety, Health, Environment and Quality priorities, Community Stewardship, Customer Focus, Financial Performance of the Gases and PED business during the financial year ended 31 March 2026 and the Balance Sheet as on 31 March 2026. The Managing Director’s presentation also covered an overview of the way forward for the Company covering the Growth Outlook for both Gases and PED business and the Company’s Sustainable Development Framework. The Chairman added that since the Notice convening the AGM had already been circulated to the Members, the same was being taken as read with the consent of the Members. Thereafter, as the Independent Auditor’s Report - both Standalone and Consolidated and the Secretarial Audit Report contained qualifications, Mr Amit Dhanuka, Company Secretary, at the request of Chairman, read out the qualified opinion from the Independent Auditor’s Report and the Secretarial Audit Report for financial year 2025-26 and the Management’s response thereon. Thereafter, the Company Secretary provided brief details of all the resolutions (ordinary and special business) set forth in the Notice of the AGM as follows: Sl. Particulars Brief Details of the Resolution ORDINARY BUSINESS 1. Adoption of Audited Ordinary Resolution in respect of adoption of the Audited Standalone Standalone and Consolidated Financial Statements for the financial year ended 31 March 2026, the Financial Statements and Reports of the Auditors and Directors thereon and the Audited Reports thereon Consolidated Financial Statements for the financial year ended 31 March 2026 and the Reports of the Auditors thereon. 2. Declaration of Dividend Ordinary Resolution in respect of declaration of Dividend on 85,284,223 Equity Shares of Rs. 10/- each for the financial year ended 31 March 2026, at the rate of 120%, i.e., Rs. 12/- per equity share of Rs. 10/- each (inclusive of a special dividend of 80%, i.e., Rs. 8/- per equity share of Rs. 10/- each). 3. Appointment of Director Ordinary Resolution in respect of re-appointment of Mr Michael James retiring by rotation Devine as Director, retiring by rotation. SPECIAL BUSINESS 4. Ratification of remuneration Ordinary Resolution in respect of ratification of remuneration of M/s. Mani of Cost Auditors & Co., Cost Auditors for the financial year ending on 31 March 2027. Registered Office Phone +91 33 6602 1600 Linde India Limited Fax +91 33 2401 4206 Oxygen House, P43 Taratala Road, Email customercare.lg.in@linde.com Kolkata 700 088, India. www.linde.in CIN L40200WB1935PLC008184 The Chairman then invited the Members who had registered themselves as Speakers to ask questions or seek clarifications on the Agenda item. At the request of the Chairman, the Moderator facilitated the questions from all the speaker shareholders. After all the speaker shareholders had asked their questions, the Chairman responded to the questions received by the Company in advance as per Note 19 of the AGM Notice. The Chairman then requested the Managing Director to reply to the questions raised by the speaker shareholders during the meeting. After all material and pertinent questions raised by the shareholders were answered by the Chairman and the Managing Director, the Chairman informed the Members about the e-voting, which was the last part of the proceedings. The Chairman informed that the voting on National Securities Depository Limited (NSDL) platform would remain open for 30 minutes and requested members to cast their votes, in case they had not cast their votes by way of remote e- voting. The Chairman informed that the Board of Directors had appointed Mr P K Sarawagi, Practicing Company Secretary to scrutinize the e-voting process in a fair and transparent manner. The Chairman had severally authorized the Managing Director and the Company Secretary of the Company to receive the Scrutinizer’s Report and declare the voting results for the aforesaid resolutions and place the same on the website of the Company, the stock exchanges an [Showing first 8,000 characters — download PDF for full document]