Linde India Limited

Kotak Mutual Fund increased its stake in Linde India Limited from 1.25% to 2.83%, buying 13,46,477 shares for ₹879.46 Cr at ₹6531 apiece.

A leading manufacturer of industrial and medical gases in India, the company produces oxygen, nitrogen, argon, and hydrogen for diverse sectors including steel, chemicals, pharmaceuticals, and healthcare. It also designs and constructs cryogenic and non-cryogenic air separation plants for industrial clients. As a subsidiary of the BOC Group, the company combines international technical expertise with deep local market knowledge to serve industrial and medical applications across India.

Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.