Aegis Vopak Terminals Limited , a key player in the Indian terminal and storage industry, has announced significant updates to its Non-Convertible Debentures (NCD) issuance along with recent board changes and fundraising initiatives.

Updated NCD Issuance Details

The company's Board of Directors approved a modification in the coupon rate for its NCD issuance on December 26, 2025. This update follows the earlier approval granted on December 04, 2025, for raising funds through NCDs on a private placement basis.

All other terms and conditions mentioned in the earlier disclosure dated December 04, 2025, remain unchanged. The modification reflects the company's response to market conditions and investor requirements.

Board Composition Changes

The company has made strategic changes to its board composition with the appointment of Mr. Wimal Roy Shylindra Kumar Samlal as Additional Non-Executive Non-Independent Director, effective October 16, 2025. Mr. Samlal brings over 28 years of financial sector experience and currently serves as senior vice president – Finance, Asia and Middle East at Vopak Asia Pte Ltd, Singapore.

Simultaneously, Mr. Deepak Gajanan Dalvi resigned from his position as Non-Executive Non-Independent Director, citing pre-occupation as the reason for departure.

Previous NCD Framework

The company had earlier approved a separate NCD issuance of up to Rs 660.00 crore with different terms, including a 6.92% interest rate, quarterly interest payments, and 3-year maturity. That issuance featured first ranking charge on tangible moveable fixed assets at Mangalore Port and included put and call options exercisable 12 months from allotment.

These corporate actions demonstrate Aegis Vopak Terminals' commitment to strengthening its financial position and governance structure. The updated coupon rate for the larger NCD issuance indicates the company's adaptation to prevailing market conditions while maintaining its fundraising objectives.

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.