Linde India Approves ₹12 Dividend at AGM, Includes ₹7.50 Special Dividend

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26 Aug, 2025 12:21

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Linde India's 89th Annual General Meeting (AGM) saw members approve a dividend of ₹12 per equity share for the financial year ended March 31, 2025, which includes a special dividend of ₹7.50 per share. The AGM, held via video conference, also included the re-appointment of Ms. Mannu Sangganeria as a Non-Executive Director and the appointment of M/s P. Sarawagi & Associates as Secretarial Auditor.

Dividend Details:

The dividend, if approved, will result in an outflow of ₹102.34 Crores.

Key Approvals and Appointments:

• Re-appointment of Director: Ms. Mannu Sangganeria was re-appointed as a Non-Executive Director.
• Secretarial Auditor: M/s P. Sarawagi & Associates were appointed as the Secretarial Auditor for a term of five consecutive years, commencing from April 1, 2025.
• Managing Director Re-appointment: Re-appointment of Mr. Abhijit Banerjee as the Managing Director of the Company for a further term of three years with effect from June 7, 2025, and ending on June 6, 2028, was approved.
• Cost Auditors Remuneration: Ratification of the remuneration of M/s. Mani & Co., Cost Auditors for the financial year ending on March 31, 2026, was approved.

Voting Details:

The resolutions were passed with the requisite majority, as detailed below:

• Adoption of Financial Statements: 92.19% of votes were in favor.
• Declaration of Dividend: 94.43% of votes were in favor.
• Re-appointment of Ms. Mannu Sangganeria: 94.28% of votes were in favor.
• Appointment of Secretarial Auditor: 98.51% of votes were in favor.
• Re-appointment of Mr. Abhijit Banerjee: 94.14% of votes were in favor.
• Ratification of Cost Auditors: 99.42% of votes were in favor.

The meeting was held in compliance with the circulars issued by the Ministry of Corporate Affairs, Government of India, and Securities and Exchange Board of India.

The meeting concluded at 1:01 p.m. IST.

The results of the e-voting (refer Annexure I below) were declared on 14 August 2025 on receipt of the Scrutinizer's Report dated 14 August 2025 issued by Mr P K Sarawagi of M/s. P Sarawagi & Associates, Company Secretaries.