The BOC Group offers to delist Linde India, take full ownership of firm

Linde India's board has already appointed ICICI Securities as the merchant banker for carrying out the due diligence process

The BOC Group Ltd, promoter of Linde India Ltd, has offered to take full ownership of the company and delist the firm from the country's bourses. This follows as a result of the global merger between Linde AG and Praxair Inc, whereby Linde Plc has acquired control and voting rights of Linde AG.   

The BOC Group is part of the Linde Group and owns 75 per cent equity in Linde India. 

In a notice to the BSE, Linde India said that the primary objective of making the delisting offer is to obtain full ownership of equity shares of this