LINDEINDIA NSE filing

Linde India commences commercial production at Kalinganagar ASU

The RealCase readMedium impact Positive

Linde India has started commercial production at its new Air Separation Unit in Kalinganagar, designed to supply 1,450 tonnes/day of Oxygen and other gases to Jindal Stainless Ltd. The facility also has merchant market capacity.

Why it matters

The new unit signifies an expansion of Linde India's operational capacity and its ability to serve key clients like Jindal Stainless Ltd., which can lead to increased revenue and market share.

The market read

The commencement of commercial production at a new unit is a positive development for the company, indicating expansion and increased operational capacity.

Linde India Limited announced the commencement of commercial production at its new Air Separation Unit (ASU) located at Jindal Stainless Ltd. (JSL) works in Kalinganagar. This facility is designed to supply 1,450 tonnes per day of Oxygen, 1,800 tonnes per day of Nitrogen, and 64 tonnes per day of Argon to JSL. Additionally, the unit has surplus capacity to serve demand in the merchant market.

This development follows the company's earlier communication regarding this project, referenced by letter no. Sect/72 dated 1 August 2022. The commencement of operations marks a significant step in expanding Linde India's production capabilities and market reach.

This announcement is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Filing to action

What to do with a filing like this

Linde India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Linde India Limited. Read the original for the full detail.

View original filing