Background Context
This announcement references two previous communications: letter no. Sect/19 dated 28 February 2024 and Sect/90 dated 12 September 2024, both related to the Company's investment in Zenataris Renewable Energy Private Limited (Zenataris).
Key Development
Pursuant to further allotment of Equity Shares by Zenataris to an existing shareholder and other new shareholders, Linde India's total shareholding in Zenataris has reduced from 27% to 19.18%.
Historical Context
Prior to this dilution, upon subscription and allotment of Equity Shares of Zenataris, Linde India's total shareholding in Zenataris was 27%.