Aegis Logistics Board Approves 51% Stake Sale in Hindustan Aegis LPG to Aegis Vopak Terminal

Aegis Logistics Ltd announced the outcome of its board meeting held on October 29, 2025. The board approved, subject to shareholders' approval, the sale of 51% equity stake in Hindustan Aegis LPG Limited (HALPG) to Aegis Vopak Terminal Limited (AVTL). This transaction will result in HALPG ceasing to be a subsidiary of Aegis Gas (LPG) Private Limited (AGPL) and a step-down subsidiary of Aegis Logistics Limited. The transaction is expected to be completed by January 15, 2026, with a total consideration of INR.7,01,60,71,920. AVTL is an associate company of Aegis Logistics Limited.