Linde India Appoints Milan Sadhukhan as MD; Abhijit Banerjee Resigns
Linde India Limited announced key changes in its leadership following a Board Meeting held on December 29, 2025. Mr. Abhijit Banerjee has resigned as the Managing Director of the Company, with his res...
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Why is Linde India Limited in the news today?
Linde India Limited (LINDEINDIA) is in the news due to the resignation of a managing director and appointment of a new one is a significant management change. while the company acknowledges the contributions of the outgoing md, the overall sentiment is neutral as it involves a transition without immediate financial implications mentioned.
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Linde India Appoints Milan Sadhukhan as MD; Abhijit Banerjee Resigns
December 29, 2025, 07:43 AM
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Linde India Limited announced key changes in its leadership following a Board Meeting held on December 29, 2025. Mr. Abhijit Banerjee has resigned as the Managing Director of the Company, with his resignation effective from the close of business hours on December 31, 2025. The Board expressed sincere appreciation for Mr. Banerjee's outstanding contributions, strategic vision, and commitment during his tenure.
Subsequently, the Board, based on the recommendation of the Nomination and Remuneration Committee and subject to shareholder approval, has appointed Mr. Milan Sadhukhan as an Additional Director and Managing Director for a term of three years, effective January 1, 2026. Mr. Sadhukhan, a B.Com (Hons.) Graduate, Chartered Accountant, and Cost & Management Accountant, brings over 25 years of experience in various finance roles across Asia and the UK. He is not related to any other Director of the Company and is not debarred from holding the office of director.
The company has also fixed January 2, 2026, as the cut-off date for a Postal Ballot to seek member approval for Mr. Sadhukhan's appointment. The dispatch of the Postal Ballot Notice is expected to be completed by January 12, 2026. The Board Meeting commenced at 11:00 AM and concluded at 11:45 AM.
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