•Linde India faces a critical minority shareholder vote today (March 5) on Related Party Transactions (RPTs) worth Rs 417 crore with group entity Praxair India.
•Promoters, holding 75% stake, cannot vote on the resolution as per Sebi rules, requiring majority support from minority investors.
•Investors allege Linde India transferred high-growth business segments to unlisted Praxair India without proper minority shareholder approval.
•Sebi had ordered an independent valuation of these transactions, and SAT dismissed Linde's plea, confirming they are RPTs needing approval.
•The vote is significant for over 60,000 retail investors, following a history of disputes over these business allocation protocols.
