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New Launch30 May 2025, 02:01 am

Aegis Vopak Terminals Limited Files Prospectus for Proposed IPO of up to INR 28,000 Million

AI Summary

Aegis Vopak Terminals Limited (AVTL), a material subsidiary of Aegis Logistics Limited, has filed a Prospectus dated May 28, 2025 with the Registrar of Companies, Gujarat at Ahmedabad. The IPO comprises a fresh issue of equity shares of face value X 10 each of AVTL, for an amount aggregating up to INR 28,000 million. Upon the completion of the IPO, AVTL will cease to be a subsidiary of the Company, resulting in the dilution of the Company's shareholding in AVTL to less than fifty percent (50%).

Key Highlights

  • Aegis Vopak Terminals Limited files Prospectus for proposed IPO
  • IPO comprises a fresh issue of equity shares worth INR 28,000 million
  • AVTL to cease being a subsidiary of Aegis Logistics Limited post-IPO
  • Company's shareholding in AVTL to be diluted to less than 50%
  • Filing of the Prospectus with the RoC, Gujarat at Ahmedabad
AEGISLOG
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AEGIS LOGISTICS LTD.

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