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Linde India Ltd.

BSE: 523457 Sector: Industrials
NSE: LINDEINDIA ISIN Code: INE473A01011
BSE LIVE 15:40 | 23 Nov 512.30 -1.90
(-0.37%)
OPEN

513.50

HIGH

527.05

LOW

511.00

NSE 15:57 | 23 Nov 513.55 -0.50
(-0.10%)
OPEN

516.00

HIGH

528.90

LOW

511.00

OPEN 513.50
PREVIOUS CLOSE 514.20
VOLUME 20219
52-Week high 554.90
52-Week low 338.00
P/E 164.20
Mkt Cap.(Rs cr) 4,369
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 513.50
CLOSE 514.20
VOLUME 20219
52-Week high 554.90
52-Week low 338.00
P/E 164.20
Mkt Cap.(Rs cr) 4,369
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Linde India Ltd. (LINDEINDIA) - Chairman Speech

Company chairman speech

Chairman

Dear stakeholders

'Safety' is a small word with a wide-ranging connotation that encompasses all aspectsof our business and defines the manner in which we engage with all stakeholders. Ourbusiness strategies and initiatives are geared towards ensuring safety for all. Safetyalso entails trust that of our colleagues customers business partners and communitiesin which we do business. Linde India is committed to ensuring safety of all stakeholderswhich is critical for long-term business sustainability. Engineers contractors and staffdealing with hazardous processes and substances have the right to work in a safe andhealthy environment. Moreover they must have access to information training andprotection from risks and hazards. At Linde India continual audits and safety riskassessments are imperatives to ascertain what needs to be controlled so that appropriatemeasures are implemented evaluated and monitored.

In 2014 Linde India pursued growth aspirations in terms of new customersopportunities and sites amid a challenging external environment. Against this backdropwe had zero LTI (Lost Time Injury) to our employees and only one contractor LTI case. Thisdemonstrates our commitment towards becoming an organisation that does not hurt anyone.Your Company continues to make sustained efforts to progress towards an aspirational goalof ZERO incidents. Your Company's HSE (Health Safety and Environment) Policy ensuresclear communication of the principles vision and commitment to HSE and compliances tothis Policy are an imperative across all decisions actions and behaviours.

'Golden Rules of Safety' underpins critical safety rules and regulations compliance towhich help to prevent incidents and therefore serious injury or fatality. Each and everyemployee contractor and driver working with Linde India must abide by these Golden Ruleswhich are enforced as a condition of work at Linde. Visible Leadership is also a criticalcomponent of the HSE Strategy and Senior Management team Plant Managers Engineers -everyone support the HSE agenda through active engagement interventions positivereinforcements etc crucial for building an interdependent safety culture.

Linde India HSE rules and regulations reflect current global practices and areconstantly updated to meet global standards. A Safety Roadmap Assessment led by the LindeGroup HSE team was held in September 2014 at key operating sites and it is reassuringthat the Global expert team found your Company on the right track in its safety journey. Iam also pleased that Linde India has continued to progress well with the Major HazardsReview Programme. Under this programme all major high risk sites have receivedcertification which gives assurance that all high risks and hazards have been assessed andmitigation measures implemented. As another leading initiative

your Company has installed 'In-Cab cameras' during 2014 in all bulk transport tankersand cylinder trucks for effective monitoring of drivers' driving behaviours which iscritical for sustaining transport safety improvements.

I am also delighted to inform you that for the first time Linde India completed its 365Major Incident free days on 26 October 2014 for the combined Gases and EngineeringDivisions. This is a key milestone in the backdrop of the scale and dimension of theoperations in India with around 26 million kilometers of driving and 10 million hours ofworking during the period. Given the challenging external environment - difficult roadconditions encountered during delivery of our products - this performance stands out.

I am proud to be associated with a team that is committed to providing goods andservices that not only meets the needs and quality standards of its customers but alsoremains steadfastly committed not to harm people society and the environment.

Warm Regards

Sanjiv Lamba

Chairman