
Acquisitions29 Oct 2025, 12:09 pm
Aegis Logistics to Sell 51% Stake in Hindustan Aegis LPG to Aegis Vopak Terminal
AI Summary
Aegis Logistics Limited has approved the sale of 51% equity stake in Hindustan Aegis LPG Limited to Aegis Vopak Terminal Limited. This transaction is subject to shareholders’ approval. Post-completion, Hindustan Aegis LPG will cease to be a subsidiary of Aegis Gas (LPG) Private Limited 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. Aegis Vopak Terminal is an Associate Company of Aegis Logistics Limited.
Key Highlights
- Aegis Logistics to sell 51% equity stake in Hindustan Aegis LPG Limited
- Transaction valued at INR.7,01,60,71,920
- Hindustan Aegis LPG to cease being a subsidiary of Aegis Gas (LPG) Private Limited
- Aegis Vopak Terminal Limited is an Associate Company of Aegis Logistics Limited
- Expected completion date of the transaction is January 15, 2026