Offer for Sale of Shares by Promoter in Linde India Ltd

The BOC Group Limited (the "Seller") ("Promoter"), a Company duly incorporated under the laws of England and Wales and the promoter of Linde India Ltd (the "Company") has announced an Offer for Sale an aggregate of 12,345,126 equity shares of Rs. 10 each (the "Sale Shares") representing around 14.5 percent of the paid-up equity share capital of the Company, on May 16, 2013, exclusively through the Seller's broker, on the separate window provided by the BSE Ltd. & NSE Ltd. (the "Stock Exchanges") for this purpose (such sale referred to hereinafter as the "Sale").

The Sale shall take place at the separate window of the Stock Exchanges and shall commence on May 16, 2013 at 9.15 a.m. Indian Standard Time and shall close the same day at 3.30 p.m. Indian Standard Time ("Sale Date").

Shares of Linde India Ltd was last trading in BSE at Rs.250.95, down by Rs.11 or 4.20%. The stock hit an intraday high of Rs.258 and low of Rs.250.

The total traded quantity was 5601 compared to 2 week average of 7618.

Source : Equity Bulls

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