Aegis Vopak Terminals Limited (AVTL) has announced a crucial board meeting scheduled for October 16, 2025, to discuss potential fundraising through the issuance of non-convertible debentures (NCDs) on a private placement basis. This move signals the company's intent to explore debt financing options to support its operations or expansion plans.

Key Details of the Board Meeting

• Date: October 16, 2025 (Thursday)
• Primary Agenda: Consider proposal for fund raising via NCDs
• Method of Issuance: Private placement

Regulatory Compliance and Transparency

In adherence to regulatory requirements, AVTL has taken the following steps:

1. Trading Window Closure: The company has closed the trading window for its directors and designated persons from October 1, 2025. This closure will extend until 48 hours after the declaration of unaudited financial results.

2. Stock Exchange Notifications: AVTL has duly informed both the National Stock Exchange of India (NSE) and BSE Limited about the upcoming board meeting, complying with Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements.

Market Implications

The decision to consider NCD issuance comes at a time when companies are actively seeking diverse funding avenues. Non-convertible debentures offer a fixed-income security option that could potentially provide AVTL with the necessary capital without diluting existing shareholder equity.

Investors and market watchers will be keenly awaiting the outcome of this board meeting, as it could significantly impact the company's financial structure and future growth strategies.

The company has assured that further details regarding the unaudited financial results will be communicated separately, maintaining transparency with its stakeholders.

For more information, stakeholders can visit the company's official website at www.aegisvopak.com , where this communication has been made available.

Aegis Vopak Terminals Limited (AVTL), India's largest third-party owner and operator of tank storage terminals for LPG and liquid products, has reported a 4.5% sequential increase in revenue to INR164.00 crores. The company has also significantly expanded its LPG storage capacity with the addition of two new cryogenic terminals.

Financial Performance

AVTL's operating EBITDA rose by 3.1% sequentially to INR119.90 crores. The company saw a substantial 85.1% year-on-year growth in profit, reaching INR47.70 crores. This growth was partly driven by a 37% reduction in interest costs, following the repayment of bank borrowings using IPO proceeds.

Expansion of LPG Storage Capacity

The company has successfully commissioned two new cryogenic LPG storage terminals:

1. A terminal at New Mangalore Port with 82,000 metric tons of static capacity
2. A terminal at Pipavav Port with 48,000 metric tons of static capacity

These additions have increased AVTL's total LPG storage capacity from 70,800 metric tons to 200,800 metric tons.

Future Growth Plans

AVTL's board has approved a capital expenditure of INR1,675.00 crores for setting up new terminals at Jawaharlal Nehru Port Authority (JNPA). This expansion will include facilities for liquids, LPG, and an LPG bottling plant.

The company has also signed a non-binding memorandum of understanding with Larsen & Toubro to set up ammonia terminals at Kandla port for upcoming green ammonia manufacturing facilities.

Strategic Outlook

Raj Chandaria, Chairman and Managing Director of AVTL, stated, "We are targeting to reach a $5 billion aggregate capital expenditure by 2030, which would be funded by a mix of equity, internal accruals, and prudent utilization of debt."

The company plans to explore new products, new ports, and associated infrastructure to achieve this target. AVTL is also considering inorganic growth opportunities and investments in related infrastructure to improve efficiency and make its business model more resilient.

With its recent expansions and strategic plans, Aegis Vopak Terminals Limited is positioning itself for significant growth in the coming years, aiming to capitalize on India's evolving energy needs and infrastructure development.