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Created: 2025-07-10 13:07:34 UTC

Aegis Logistics Ltd announced the execution of a Business Transfer Agreement (BTA) on July 10, 2025, to transfer its Liquified Petroleum Gas (LPG) Terminal at Pipavav to its associate company, Aegis Vopak Terminals Limited (AVTL), via a slump sale. The terminal has a cryogenic storage capacity of XXXXXX MT. The consideration for the transfer is ₹428.40 crore. The transaction is a related party transaction, conducted on an arm’s-length basis. The rationale is to leverage growing service demand an

📊 AEGIS LOGISTICS LTD | 🏷️ General

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