Aegis Logistics disclosed an independent ESG rating of 58 assigned by CRISIL ESG Ratings & Analytics Limited. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

The company clarified that it did not engage CRISIL for the assessment. The rating agency independently prepared the report using data available in the public domain. This move aligns with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, which mandates such disclosures.

Rating Details

Sneha Parab, Company Secretary, confirmed the disclosure in a letter addressed to the Market Operations Departments of the BSE and NSE on September 1, 2026. The communication is also available on the company’s website.

Aegis Logistics has transferred its specialized ammonia storage terminal at Pipavav Port to its step-down subsidiary, Aegis Terminal (Pipavav) Limited, via a slump sale. The transaction, valued at ₹525 crore, was executed on August 24, 2026, consolidating terminalling services within the group.

The Business Transfer Agreement (BTA) moves the asset, which has a static capacity of 36,000 metric tonnes, to ATPL on a going concern basis. The terminal was recently commissioned by the parent company on August 10, 2026.

Transaction Structure

The deal is structured as a related-party transaction conducted at arm's length. It falls outside the Scheme of Arrangement and does not trigger Regulation 37A of the SEBI LODR Regulations, as the specific terminal does not meet the regulatory definition of an "undertaking" in this context.

Strategic Rationale

The transfer aims to consolidate the group’s terminalling operations under ATPL, which specializes in storage and terminalling facilities for oil, chemicals, and petroleum products. Aegis Logistics stated that the move strengthens its position in the specialized chemicals and gas logistics sector.

The company noted that the infrastructure supports growing demand from fertilizer, industrial, and emerging clean energy value chains. By leveraging expertise in sourcing and logistics, the group intends to create a new growth platform in this strategic product segment.

Financial Impact

As the terminal was commissioned only weeks before the transfer, it contributed no turnover or net worth to the parent company’s results as on March 31, 2026. The transaction involves cash consideration and will not result in any change to the shareholding pattern of Aegis Logistics.