Linde India Limited - Acquisition Of Packaged Gases Business Of HPS Gases Ltd., Vadodara

We refer to our earlier announcement vide our letter ref no. Sect/72 dtd. 3 Aug. 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.<BR> <BR> We are pleased to confirm that in terms of the aforesaid BTA, the Company has on 1 Nov. 2021, signed and executed the closing documents & agreements with HPS Gases Ltd. for completing the aforesaid acquisition of their packaged gases business. In view of the above, acquisition of the packaged gases business of HPS Gases Ltd. is completed w.e.f. from 1 Nov. 2021. As informed earlier, the aforesaid acquisition will help expand Linde India's presence in Packaged Gas and Micro Bulk market in Western India. <BR>