Linde India Completes Acquisition of ASUs from Tata Steel, Supply Commences
Linde India Limited has finalized the acquisition of two 1800 TPD Air Separation Units from Tata Steel at its Kalinganagar facility. The company has also commenced industrial gas supply to Tata Steel from this acquired facility, effective September 30, 2026.
The acquisition of significant assets like ASUs and the commencement of supply to a major client like Tata Steel are material events that are expected to have a notable impact on the company's operations and revenue.
The acquisition and successful commencement of supply indicate a positive business development for Linde India, strengthening its operational capacity and customer relationships.
Linde India Limited has successfully completed the acquisition of two 1800 TPD Air Separation Units (ASUs) located at Tata Steel Limited's (TSL) Kalinganagar Phase II Expansion Project. The company executed a Conveyance Deed with TSL for this acquisition, which has now been finalized. Consequently, Linde India has commenced the supply of industrial gases to Tata Steel Limited from this facility, effective today, September 30, 2026.
This development is in continuation of previous communications regarding the subject matter, specifically letters dated February 13, 2023, and September 4, 2024. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Linde India Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. 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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See the model portfoliosA plain-language summary of a public exchange filing by Linde India Limited. Read the original for the full detail.