Archive · 8 Dec 2025
Linde India CFO Resigns Amid Regulatory Issues
The Chief Financial Officer of Linde India, Neeraj Kumar Jumrani, has resigned to pursue other career opportunities.
This comes after the company faced regulatory issues and a recent decision by the Securities Appellate Tribunal (SAT) that went against Linde India.
The company's shares initially rose by 5% but later ended slightly lower.
The regulatory issues involve transactions with related parties that were not properly approved or valued.
Linde India might appeal this decision to the Supreme Court, but it's not clear if they will succeed.
The company's market value is currently around Rs 50,019 crore.
Neeraj Kumar Jumrani, CFO of Linde India, resigns effective February 15, 2026.
Linde India's shares rose 5% initially but ended 0.76% lower on the day of the announcement.
The resignation follows a recent SAT decision dismissing Linde India's appeal against SEBI's orders on related party transaction (RPT) violations.
Regulatory issues stem from 2020 framework agreements with related parties, involving barter exchanges without proper valuation or shareholder approval.
Linde India may appeal the SAT decision to the Supreme Court, but previous outcomes suggest limited success.
- Who
- Neeraj Kumar Jumrani, CFO of Linde India
- What
- Resignation of CFO amid regulatory issues and stock price fluctuation
- When
- Effective February 15, 2026; SAT decision on December 5, 2025
- Where
- Linde India, India
- Why
- To pursue other career options, amid ongoing regulatory scrutiny
- CFO Resignation
- Neeraj Kumar Jumrani
- Effective Date
- February 15, 2026
- Stock Price Change
- 5% rise to Rs 6210, later ended 0.76% lower at Rs 5865
- Market Cap
- Rs 50,019 crore
- Regulatory Issue
- SEBI's orders on related party transaction (RPT) violations
- SAT Decision
- Dismissed Linde India's appeal on December 5, 2025
- Company Response
- Possible Supreme Court appeal