Aegis Logistics Sells 75% Stake in HALPG for ₹1031 Crore

Aegis Logistics Limited (the Company) has announced the sale of a significant stake in its wholly-owned subsidiary, Aegis Gas (LPG) Private Limited (AGPL). AGPL has entered into a Share Purchase Agree...

Aegis Logistics Limited (the Company) has announced the sale of a significant stake in its wholly-owned subsidiary, Aegis Gas (LPG) Private Limited (AGPL). AGPL has entered into a Share Purchase Agreement (SPA) dated January 02, 2026, with Aegis Vopak Terminals Limited (AVTL) for the sale of 6,21,146 Equity shares, representing a 51% equity stake in Hindustan Aegis LPG Limited (HALPG). Concurrently, Vopak India B.V. (Vopak), another shareholder in HALPG, has also entered into an SPA with AVTL for the sale of its 2,92,303 Equity shares, which constitutes a 24% stake in HALPG. This transaction, which follows previous disclosures regarding the proposed sale and shareholder approval via postal ballot, results in AVTL acquiring an aggregate of 75% of HALPG's shareholding. The total consideration for the sale of these shares amounts to ₹1031,77,41,528 (Rupees One Thousand Thirty-One Crore and Seventy-Seven Lakhs Forty-One Thousand Five Hundred and Twenty-Eight). The transaction between AGPL and AVTL has been determined on the basis of an independent valuation report and is undertaken on an arm's length basis. Effective from the date of share sale, AVTL will have the right to appoint a nominee director on the board of HALPG.

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Why is Aegis Logistics Limited in the news today?

Aegis Logistics Limited (AEGISLOG) is in the news due to the sale of a majority stake in a subsidiary for a significant sum indicates a strategic divestment that is likely to be financially beneficial for the parent company, aegis logistics limited.

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Aegis Logistics Sells 75% Stake in HALPG for ₹1031 Crore

January 2, 2026, 01:57 PM

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Aegis Logistics Limited (the Company) has announced the sale of a significant stake in its wholly-owned subsidiary, Aegis Gas (LPG) Private Limited (AGPL). AGPL has entered into a Share Purchase Agreement (SPA) dated January 02, 2026, with Aegis Vopak Terminals Limited (AVTL) for the sale of 6,21,146 Equity shares, representing a 51% equity stake in Hindustan Aegis LPG Limited (HALPG).

Concurrently, Vopak India B.V. (Vopak), another shareholder in HALPG, has also entered into an SPA with AVTL for the sale of its 2,92,303 Equity shares, which constitutes a 24% stake in HALPG. This transaction, which follows previous disclosures regarding the proposed sale and shareholder approval via postal ballot, results in AVTL acquiring an aggregate of 75% of HALPG's shareholding.

The total consideration for the sale of these shares amounts to ₹1031,77,41,528 (Rupees One Thousand Thirty-One Crore and Seventy-Seven Lakhs Forty-One Thousand Five Hundred and Twenty-Eight). The transaction between AGPL and AVTL has been determined on the basis of an independent valuation report and is undertaken on an arm's length basis. Effective from the date of share sale, AVTL will have the right to appoint a nominee director on the board of HALPG.

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