Aegis Logistics to Sell 51% Stake in Subsidiary for ₹701.61 Crore
Aegis Logistics' board has approved the sale of a 51% stake in Hindustan Aegis LPG Limited (HALPG) to Aegis Vopak Terminal Limited (AVTL) for ₹701.61 crore. The transaction, expected to complete by January 15, 2026, will result in HALPG ceasing to be a subsidiary of Aegis Logistics. HALPG contributed 2.49% to Aegis Logistics' turnover and 10.07% to its net worth in the last financial year. Additionally, AVTL approved acquiring a 96% stake in Aegis Terminal (Pipavav) Limited for ₹4.80 lakh, to be completed by November 30, 2025.

*this image is generated using AI for illustrative purposes only.
Aegis Logistics Limited has announced a significant corporate restructuring move, with its board approving the sale of a majority stake in one of its subsidiaries. This decision marks a notable shift in the company's portfolio and operational structure.
Key Transaction Details
The board of Aegis Logistics has given its approval for the sale of a 51% stake in Hindustan Aegis LPG Limited (HALPG), a step-down subsidiary, to Aegis Vopak Terminal Limited (AVTL), an associate company of Aegis Logistics. Here are the crucial details of the transaction:
| Aspect | Details |
|---|---|
| Stake for Sale | 51% (6,21,146 Equity shares) |
| Seller | Aegis Gas (LPG) Private Limited (AGPL, wholly-owned subsidiary of Aegis Logistics) |
| Buyer | Aegis Vopak Terminal Limited (AVTL, associate company) |
| Transaction Value | ₹701.61 crore |
| Expected Completion | By January 15, 2026 |
Impact on Corporate Structure
Following the completion of this transaction:
- HALPG will cease to be a subsidiary of AGPL
- HALPG will no longer be a step-down subsidiary of Aegis Logistics Limited
Financial Implications
The sale of HALPG shares is expected to have a significant financial impact. Based on the data from the last financial year (as of March 31, 2025):
| Metric | HALPG's Contribution |
|---|---|
| Turnover | ₹168.13 crore (2.49% of Aegis Logistics) |
| Net Worth | ₹447.24 crore (10.07% of Aegis Logistics) |
Regulatory Compliance
The transaction adheres to the following regulatory aspects:
- Subject to shareholders' approval
- Classified as a related party transaction
- Conducted on an arm's length basis
- Compliant with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
Additional Corporate Action
In a separate but related development, Aegis Vopak Terminals Limited (AVTL) has approved the acquisition of a 96% stake in Aegis Terminal (Pipavav) Limited (ATPL) from Aegis Gas (LPG) Private Limited. This transaction, valued at ₹4.80 lakh, is expected to be completed by November 30, 2025.
The strategic moves by Aegis Logistics and its associated companies indicate a significant restructuring of its business portfolio. These transactions may potentially impact the company's operational focus and financial structure in the coming years. Investors and market watchers will likely keep a close eye on how these changes affect the company's performance and market position in the LPG and logistics sectors.
Historical Stock Returns for Aegis Logistics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.85% | -1.32% | +6.66% | -0.35% | +1.84% | +11.70% |







































