Aegis Vopak Terminals to Acquire 96% Stake in Pipavav Unit from Aegis Gas

Stake Acquired: 96% in Aegis Terminal (Pipavav) Ltd
Seller: Aegis Gas (LPG) Pvt Ltd
Transaction Value: ₹480,000 (48,000 shares at ₹10 each)
Completion Timeline: On or before November 30, 2025
Operational Status: ATPL yet to begin commercial operations
Strategic Impact: Expands Aegis Vopak&rsquo;s oil and chemical storage footprint

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views

Aegis Vopak Terminals Ltd will acquire a 96% equity stake in Aegis Terminal (Pipavav) Ltd from Aegis Gas (LPG) Pvt Ltd. The ₹480,000 transaction strengthens Aegis Vopak’s footprint in oil and chemical storage infrastructure, with the deal expected to close by November 30, 2025.