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Aegis Vopak Terminals gets nod to acquire 96% equity stake in Aegis Terminal
Oct-29-2025

Aegis Vopak Terminals has received approval to acquire 96% equity stake i.e. 48,000 equity shares of Rs 10 each of Aegis Terminal (Pipavav) (ATPL) from Aegis Gas (LPG). The transaction is to be completed on or before November 30, 2025. After completion of acquisition, ATPL will become subsidiary of the company.

The objective of this acquisition is to support potential business activities. The Board of Directors of the company at its meeting held on October 28, 2025, has approved the same.

Aegis Vopak Terminals, a strategic joint venture between Aegis Logistics India and Royal Vopak of the Netherlands, operates a necklace of 20 tank terminals across 6 key Indian ports like Haldia, Kandla, Pipavav, JNPT (upcoming), Mangalore, and Kochi.

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