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Linde India Limited — M&A Activity 2021
Nov 2, 2021
61428_rns_2021-11-02_5cf51a84-ae2c-4c23-8f9a-8f6a7863a996.pdf
M&A Activity
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Sect/100
2 November 2021
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, 5[th] Floor, New Trading Ring, Rotunda Building, 1[st] Floor, Plot No. C/1, G-Block, P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (E), Fort, Mumbai – 400051 Mumbai - 400 001
Dear Sir/Madam,
Acquisition of packaged gases business of HPS Gases Ltd., Vadodara
We refer to our earlier announcement vide our letter ref no. Sect/72 dated 3 August 2021 informing you about signing of a Business Transfer Agreement (BTA) in connection with Linde India Ltd.’s plan for acquisition of the packaged gases business of HPS Gases Ltd., Vadodara.
We are pleased to confirm that in terms of the aforesaid BTA, the Company has on 1 November 2021, signed and executed the closing documents and agreements with HPS Gases Ltd. for completing the aforesaid acquisition of their packaged gases business. In view of the above, the acquisition of the packaged gases business of HPS Gases Ltd. is completed with effect from 1 November 2021. As informed earlier, the aforesaid acquisition will help expand Linde India’s presence in Packaged Gas and Micro Bulk market in Western India.
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 disseminate the above on your website for information of the shareholders of the Company and investors at large.
Thanking you,
Yours faithfully,
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Pawan Marda
Director – Corporate Affairs & Company Secretary
Phone +91 33 6602 1600 Fax +91 33 2401 4206 [email protected] www.linde.in
Registered Office Linde India Limited Oxygen House, P43 Taratala Road Kolkata 700 088, India CIN L40200WB1935PLC008184