Linde India Appoints Milan Sadhukhan as New MD, Abhijit Banerjee Resigns

Linde India Limited announced a significant change in its leadership following a Board Meeting held on December 29, 2025. Mr. Abhijit Banerjee submitted his resignation as the Managing Director, effec...

Linde India Limited announced a significant change in its leadership following a Board Meeting held on December 29, 2025. Mr. Abhijit Banerjee submitted his resignation as the Managing Director, effective from the close of business hours on December 31, 2025. The Board expressed its sincere appreciation for his contributions, highlighting his expertise, strategic vision, and commitment. Concurrently, the Board, upon the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Milan Sadhukhan as an Additional Director and the new Managing Director. This appointment is for a term of three years, effective from January 1, 2026, and is subject to the approval of the company's members. Mr. Sadhukhan, aged 50, is a B.Com (Hons.) graduate, a Chartered Accountant, and a Cost & Management Accountant. He brings over 25 years of experience in various finance roles, including Product Management, Investment Controlling, and Supply Chain Management across Asia and the UK. He is currently the Head of Finance, ASEAN & South Asia. There is no inter-se relationship between Mr. Sadhukhan and other directors of the company, and he is not debarred from holding such an office by any SEBI order or other authority. The company will seek member approval for Mr. Sadhukhan's appointment through a postal ballot, with a cut-off date of January 2, 2026. The postal ballot notice is expected to be dispatched by January 12, 2026. The Board meeting commenced at 11:00 AM and concluded at 11:45 AM.

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Why is Linde India Limited in the news today?

Linde India Limited (LINDEINDIA) is in the news due to the announcement involves a change in leadership with a resignation and a new appointment. while the resignation is a change, the appointment of a new md with extensive experience balances the sentiment.

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Linde India Appoints Milan Sadhukhan as New MD, Abhijit Banerjee Resigns

December 29, 2025, 07:44 AM

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Linde India Limited announced a significant change in its leadership following a Board Meeting held on December 29, 2025. Mr. Abhijit Banerjee submitted his resignation as the Managing Director, effective from the close of business hours on December 31, 2025. The Board expressed its sincere appreciation for his contributions, highlighting his expertise, strategic vision, and commitment.

Concurrently, the Board, upon the recommendation of the Nomination and Remuneration Committee, has appointed Mr. Milan Sadhukhan as an Additional Director and the new Managing Director. This appointment is for a term of three years, effective from January 1, 2026, and is subject to the approval of the company's members.

Mr. Sadhukhan, aged 50, is a B.Com (Hons.) graduate, a Chartered Accountant, and a Cost & Management Accountant. He brings over 25 years of experience in various finance roles, including Product Management, Investment Controlling, and Supply Chain Management across Asia and the UK. He is currently the Head of Finance, ASEAN & South Asia. There is no inter-se relationship between Mr. Sadhukhan and other directors of the company, and he is not debarred from holding such an office by any SEBI order or other authority.

The company will seek member approval for Mr. Sadhukhan's appointment through a postal ballot, with a cut-off date of January 2, 2026. The postal ballot notice is expected to be dispatched by January 12, 2026. The Board meeting commenced at 11:00 AM and concluded at 11:45 AM.

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