The announcement was made after market hours on Thursday, 11 April 2013.

Meanwhile, the BSE Sensex was down 252.85 points, or 1.36%, to 18,289.35.

On BSE, 849 shares were traded in the counter with pending sell orders of 22,981 shares at lowest level. The scrip has average daily volume of 31,174 shares in the past one quarter.

The stock hit a high of Rs 268.40 and a low of Rs 268.40 so far during the day. The stock had hit a record high of Rs 530 on 18 April 2012. The stock had hit a 52-week low of Rs 248.75 on 13 March 2013.

The stock had outperformed the market over the past one month till 11 April 2013, rising 6.62% compared with the Sensex's 5.62% fall. The scrip, however, underperformed the market in past one quarter, sliding 25.33% as against Sensex's 5.7% fall.

The small-cap company has an equity capital of Rs 85.28 crore. Face value per share is Rs 10.

The BOC Group, United Kingdom, the promoter shareholder of Linde India after market hours on Thursday, 11 April 2013 said it proposes to sell a portion of its equity shares in the company through one or more offers for sale (OFS) through stock exchanges to comply with the minimum public shareholding as per Sebi guidelines. The current public shareholding in the company is around 10.5% and the company is required to increase its public shareholding to at least 25% by 3 June 2013.

Linde India's net profit fell 10.35% to Rs 45.38 crore on 4.52% decline in net sales to Rs 326.02 crore in Q4 December 2012 over Q4 December 2011.

Linde India, formerly BOC India, is the leader in gases business in India. It provides a one-stop solution to all businesses for gas supply and related equipment and services.