Aegis Logistics to Sell 51% Stake in Subsidiary for ₹701.61 Crore

1 min read     Updated on 29 Oct 2025, 12:14 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

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.

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*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

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Aegis Logistics' Associate to Acquire 96% Stake in Step-Down Subsidiary

1 min read     Updated on 28 Oct 2025, 07:51 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Aegis Vopak Terminals Limited (AVTL), an associate of Aegis Logistics Limited, is acquiring a 96% stake in Aegis Terminal (Pipavav) Limited (ATPL) from Aegis Gas (LPG) Private Limited. The transaction involves 48,000 equity shares at INR 10 each, totaling INR 4,80,000. ATPL, currently non-operational, reported nil revenue and negative net worth for FY 2024-25. Post-acquisition, ATPL will cease to be a subsidiary of Aegis Gas and step-down subsidiary of Aegis Logistics. The deal, approved on October 28, 2025, is set to complete by November 30, 2025.

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*this image is generated using AI for illustrative purposes only.

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:

Financial Metric Value for FY 2024-25
Revenue Nil
Net Worth Negative INR 1,98,053

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.

Historical Stock Returns for Aegis Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
-1.85%-1.32%+6.66%-0.35%+1.84%+11.70%
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