
Acquisitions2 Jan 2026, 07:11 pm
Aegis Vopak Terminals Ltd Acquires Major Stake in HALPG from AGPL and Vopak
AI Summary
Aegis Vopak Terminals Ltd has entered into a Share Purchase Agreement (SPA) with Aegis Gas (LPG) Private Limited (AGPL), Vopak India B.V. (Vopak), and Hindustan Aegis LPG Limited (HALPG) for the purchase of equity shares of HALPG. The Company will acquire 51% of HALPG's shareholding from AGPL and 24% from Vopak. This acquisition is part of the Company's earlier disclosure dated October 29, 2025, and has received shareholders’ approval through Postal Ballot. The transaction is determined on an arm’s length basis and is not considered a related party transaction. AGPL and HALPG are part of the Promoter Group of the Company, while Vopak is one of the Promoters.
Key Highlights
- Aegis Vopak Terminals Ltd to acquire 51% and 24% stake in HALPG from AGPL and Vopak respectively
- Transaction determined on an arm’s length basis
- AGPL and HALPG are part of the Promoter Group of the Company, while Vopak is one of the Promoters
- Shareholders’ approval received through Postal Ballot
- Acquisition is in line with the Company's earlier disclosure dated October 29, 2025