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.
In a strategic move to consolidate its infrastructure assets, Aegis Vopak Terminals Ltd has announced the acquisition of a 96% equity stake in Aegis Terminal (Pipavav) Ltd (ATPL) from Aegis Gas (LPG) Pvt Ltd, a promoter group entity. The transaction involves the purchase of 48,000 equity shares at ₹10 each, totaling ₹480,000.
ATPL, incorporated in 2013, is focused on storage and terminalling facilities for oil, chemicals, and petroleum products, although it has not yet commenced commercial operations. The acquisition is structured as a related party transaction at arm’s length, and does not require regulatory approvals. Upon completion, ATPL will become a subsidiary of Aegis Vopak, enhancing its strategic control over future operations at Pipavav Port.
Major Takeaways:
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Stake Acquired: 96% in Aegis Terminal (Pipavav) Ltd
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Seller: Aegis Gas (LPG) Pvt Ltd
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Transaction Value: ₹480,000 (48,000 shares at ₹10 each)
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Completion Timeline: On or before November 30, 2025
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Operational Status: ATPL yet to begin commercial operations
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Strategic Impact: Expands Aegis Vopak’s oil and chemical storage footprint
This acquisition aligns with Aegis Vopak’s long-term infrastructure strategy and positions it for future growth in India’s energy logistics sector.
Sources: ScanX News, InvestyWise, Business Standard