Aegis Logistics to divest subsidiary stake, approves financials

Aegis Logistics Ltd. announced its board of directors will meet on Friday, November 7, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2025. The trading window for company securities will remain closed from October 1, 2025, until November 9, 2025.

In a separate development, the company will undertake a postal ballot to approve material related party transactions. This includes the sale of AGPL’s 51% equity stake in Hindustan Aegis LPG Limited (HALPG), a wholly-owned subsidiary of AGPL, to Aegis Vopak Terminals Limited (AVTL), a related party. This transaction is valued at an amount not exceeding INR 703 Crores and aims to consolidate LPG throughput services under AVTL.

The e-voting period for the postal ballot will commence on November 1, 2025, and close on November 30, 2025. Results are expected by December 2, 2025. This divestment aims to enhance operational synergy, consolidate LPG throughput services, and allow Aegis Logistics to focus on its Mumbai Terminal.