Linde India Ltd
NSE: LINDEINDIA BSE: 523457
₹6784
(-0.23%)
Wed, 25 Feb 2026, 10:28 am
Market Cap583.1B
PE Ratio98.07
Dividend0.07
Process Industries
Chemicals: Specialty
24.5KCompany History
1935
- Incorporated on 24 January as Indian Oxygen and Acetylene Company in Calcutta.
1985
- Modernised Jamshedpur unit.
- Set up helium manufacturing unit at Taloja, Maharashtra.
1988
- Entered technical collaboration with Matsushita Industrial Equipment Co. Ltd. for welding and plasma cutting equipment.
1992
- Tarapur Unit awarded Certificate of Merit for Industrial Safety.
1993
- Allotted 3,350,434 shares to BOC Group plc.
- Approved issue of new shares to members, employees, and BOC Group.
- Commenced Tonnage Air Separation Plant project at Taloja.
- Introduced Puritan Bennett respirator.
- Launched BOC Group.
- Upgraded Boyle anaesthesia machine.
1994
- Commissioned 110 TPD air separation plant at Taloja.
- Tarapur unit awarded ISO 9002 accreditation.
- Manufactured largest crude Argon storage vessel at Taloja.
- Introduced Individual Quick Freezing using liquid nitrogen.
- Introduced new generation anaesthesia machines.
- Received National Safety Awards for 1992.
- Signed Prosperity Sharing agreements.
- Entered strategic alliance for exclusive Argon distribution.
- Obtained ISO 9002 for Tarapur, Jamshedpur, and Bangalore plants.
- Contracts Division commissioned Tonnage ASU and Hydrogen Plant at Taloja.
1995
- Embarked on programme for special gases business.
- Won BOC Group Absolute Award for safety.
- Won order from Bhilai Steel Plant for 550 tpd Air Separation Plant.
1996
- Closed Delhi Kirtinagar unit per Supreme Court order.
1997
- Set up 600 cubic metre per hour liquid oxygen compressing station at Ambattur, Chennai.
- Planned closure of two old plants in Chennai and new 120 tpd plant.
- Signed agreement with Spantech for BOC Handimix 10 canister.
- Entered tie-up with Zuari Agro for argon marketing.
- Set up liquid compressing station in Kona, Howrah.
1998
- Explored diversification into LPG and hydrogen gas.
- Closed oxygen plant in Asansol.
1999
- Launched initiative to improve returns on merchant and medical gases.
- Received permission to close Ghatkopar unit.
- Launched miniaturised oxygen plant for home use.
- Set up helium process plant at Bakreshwar.
2000
- Awarded contract for hydrogen generation at Bakeshwar thermal power plant.
- Commissioned nitrogen purification plant for Tata Steel at Jamshedpur.
2001
- Crisil assigned AA rating to Rs.50 crore NCD program.
- Entered strategic alliance with Bharat Petroleum for LPG distribution.
2002
- GIC withdrew B C Banerjee as Nominee Director.
- Appointed P B Ramanujam as Additional Director.
- Entered agreement with TISCO for gaseous oxygen supply.
- Signed settlement with Asansol plant union.
2003
- Set up Remuneration Committee.
- Commissioned 225 tpd Air Separation Unit for TISCO.
- Appointed Colin Gordon as Director.
- Commenced production at Asansol plant.
- Unveiled Oxyline mobile oxygen unit.
- Inaugurated ISP unit in Bangalore.
2006
- Signed gas supply agreement with JSW Steel.
2007
- Appointed Trevor J Burt as Additional Director.
- Signed 10-year agreement with Adhunik Metaliks for 100 tpd Air Separation Unit at Rourkela.
2009
- Appointed Kashyap Roy as Additional Director and Finance Director.
2010
- Appointed Binod Patwari as Additional Non-Executive Director.
2011
- Commenced commercial production at 418 tpd Air Separation Unit at Kalinganagar, Orissa.
- Appointed Arun Balakrishnan as Additional Non-Executive Independent Director.
- Recommended dividend of 15% (Rs. 1.50 per share).
2012
- Appointed Sanjiv Lamba as Chairman.
- Commissioned 2550 tpd Air Separation Unit at Tata Steel Jamshedpur and 450 tpd Merchant Air Separation Unit at Taloja.
- Signed contract for long-term supply of gases to Tata Steel Kalinganagar Project.
- Changed name from BOC India Ltd. to Linde India Ltd.
2013
- Registrar of Companies, West Bengal recorded change of name to Linde India Ltd.
2014
- Recommended dividend of 15% (Rs. 1.50 per equity share).
2015
- Launched first dedicated cylinder filling site for healthcare medical gases at Siliguri.
- Set up new facility in West Bengal.
2018
- Linde plc completed divestiture of Praxair’s European Businesses.
2019
- Announced new up to USD 6 billion share repurchase program.
- Announced FTC extension for divestiture completion.
- Started up new plant at Samsung Display Complex in Tangjeong, South Korea.
- Expanded Skills Pipeline Workforce Development Program in Louisiana with U.S. Army.
- Recognized as Leader in Diversity & Inclusion by DiversityInc.
- Started up new plants to supply EverDisplay Optronics in China.
- Started up new plant to supply Evonik Complex in Singapore.
- Acquired minority stake in ITM Power and agreed joint venture.
- Started up Air Separation Units in Eastern China Chemical Park.
2020
- Linde India Ltd and BASF won ICIS Award for Best Process Innovation to reduce CO2 emissions.
- Started up new plant in China to supply Shanghai Huali Microelectronics.
- Started up new plant to deliver increased capacity to space launch sector.
- Named one of 100 Best Corporate Citizens of 2020.
- Reconfirmed as constituent of Solactive Europe Corporate Social Responsibility Index.
2021
- Awarded Best-in-Class for Sustainability Disclosure Practices.
- Received 'A' rating for Water Stewardship from CDP.
- Partnered with Hyosung to develop hydrogen infrastructure in South Korea.
- Started up new ASUs to supply Wanhua Chemical Group in China.
- Recognized as one of the 2021 World's Most Ethical Companies.
- Started up new liquid hydrogen plant in Texas.
2022
- Opened first Women Operated Packaged Gas Plant in Trichy.
- Collaborated with SLB on carbon capture and sequestration.
- Inaugurated world's first hydrogen refueling system for passenger trains.
2023
- Started up new Air Separation Unit in Hyderabad.
- Launched Career Enabling Program for Women Professionals.
- Inaugurated reconstructed ICDS center at Sunderbans.
- Commenced construction of new Air Separation Plant at Ludhiana, Punjab.
2024
- Signed agreements to de-captivate two Air Separation Units and expand supply to Tata Steel Limited in India.
- Started up new Air Separation Unit at Ludhiana.
- Expanded agreement with Steel Authority of India Limited.
- Started up supply of industrial gases to PT Freeport Indonesia.
- Signed long-term agreement to supply clean hydrogen to Dow’s Path2Zero Project in Canada.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800