Aegis Vopak Modifies NCD Coupon Rate to 7.40% from 7.20%
Aegis Vopak Terminals Limited has announced a modification to its previously approved proposal for raising funds through Non-Convertible Debentures (NCDs). On December 26, 2025, the Board of Director...
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Why is Aegis Vopak Terminals Limited in the news today?
Aegis Vopak Terminals Limited (AEGISVOPAK) is in the news due to the announcement is a routine modification of terms for a previously approved fundraising activity. while the coupon rate has been adjusted, it does not represent a significant positive or negative development for the company.
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Aegis Vopak Modifies NCD Coupon Rate to 7.40% from 7.20%
December 26, 2025, 02:58 PM
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Aegis Vopak Terminals Limited has announced a modification to its previously approved proposal for raising funds through Non-Convertible Debentures (NCDs).
On December 26, 2025, the Board of Directors approved a change in the coupon rate from 7.20% per annum to 7.40% per annum. All other terms and conditions for the NCD issuance, which was initially approved on December 04, 2025, remain unchanged. The total amount approved for the NCD issuance is up to ₹1030 crore (1030,00,00,000).
The NCDs are proposed to be issued on a private placement basis. The details of the modified terms, including the new coupon rate, have been enclosed as Annexure A and are also available on the company's website.
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