STOCKWATCH
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Trading - Gas
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
AEGISLOG
Trading - Gas
AEGIS LOGISTICS LTD.

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