Aegis Vopak Terminals Ltd. to Sell 10% Stake in Subsidiary for INR 80.32 Crores

Aegis Vopak Terminals Ltd. announced the outcomes of its Board Meeting held on March 26, 2026. The Board approved the proposed sale of 10% of the equity stake in its subsidiary, Aegis Terminal (Pipavav) Limited (ATPL), to Itochu Corporation for INR 80.32 Crores. Post-sale, AVTL will continue to hold 86% of the equity stake in ATPL. The Board also approved the assignment of rights to acquire a specialized storage terminal for Ammonia at Pipavav Port to ATPL.