Aegis Logistics Limited has completed the execution of a major share purchase agreement, marking the formal conclusion of its previously announced subsidiary stake sale. The transaction involves the sale of majority stakes in Hindustan Aegis LPG Limited (HALPG) through a comprehensive agreement signed on January 02, 2026.

Share Purchase Agreement Details

Aegis Gas (LPG) Private Limited (AGPL), a wholly-owned subsidiary of Aegis Logistics, has entered into a Share Purchase Agreement with Aegis Vopak Terminals Limited (AVTL), Vopak India B.V., and HALPG. The agreement encompasses the sale of shares by both AGPL and Vopak to AVTL.

Transaction Background

This development follows the company's earlier disclosure dated October 29, 2025, regarding the proposal for the stake sale, and the subsequent shareholders' approval obtained through Postal Ballot on December 01, 2025. The transaction represents a significant restructuring of Aegis Logistics' portfolio structure.

Financial Impact Assessment

Based on HALPG's financial contribution to Aegis Logistics as of the last financial year ending March 31, 2025, the subsidiary's performance metrics show:

Corporate Structure Changes

Following the completion of this transaction, HALPG will cease to be a subsidiary of AGPL and will no longer remain a step-down subsidiary of Aegis Logistics Limited. The agreement provides AVTL with the right to appoint a nominee director on HALPG's board, effective from the date of share transfer.

Regulatory Compliance

The transaction has been structured in compliance with regulatory requirements:

Additional Portfolio Restructuring

In a related development, Aegis Vopak Terminals Limited (AVTL) has also approved the acquisition of a 96% stake in Aegis Terminal (Pipavav) Limited (ATPL) from AGPL, valued at ₹4.80 lakh, with completion expected by November 30, 2025.

The execution of this share purchase agreement represents a significant milestone in Aegis Logistics' strategic portfolio restructuring. The transaction is expected to impact the company's operational focus and financial structure, with market participants closely monitoring the implications for the company's position in the LPG and logistics sectors.

Aegis Logistics Limited , through its associate Aegis Vopak Terminals Limited (AVTL), is set to acquire a 96% equity stake in Aegis Terminal (Pipavav) Limited (ATPL) from Aegis Gas (LPG) Private Limited (AGPL), a wholly-owned subsidiary of Aegis Logistics. This corporate action, approved by AVTL's Board of Directors on October 28, 2025, marks a significant restructuring within the Aegis group of companies.

Transaction Details

The acquisition involves the purchase of 48,000 equity shares of ATPL, valued at INR 10 each, for a total consideration of INR 4,80,000. This transaction is expected to be completed on or before November 30, 2025.

Financial Implications

ATPL, the company being acquired, has not yet commenced commercial operations. As a result, it reported:

Corporate Structure Changes

Upon completion of this transaction:

• ATPL will cease to be a subsidiary of AGPL
• ATPL will no longer be a step-down subsidiary of Aegis Logistics Limited

Regulatory Compliance

The transaction has been classified as a related party transaction, conducted on an arm's length basis. This aligns with the regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Implications

While the immediate financial impact appears minimal due to ATPL's pre-operational status, this move suggests a strategic realignment within the Aegis group. The transfer of ownership from a wholly-owned subsidiary to an associate company may indicate plans for operational synergies or a restructuring of the group's liquefied petroleum gas (LPG) and terminal operations.

Investors and market watchers will likely be keen to observe how this restructuring affects the broader operational strategy of Aegis Logistics and its group companies in the coming months.