Aegis Logistics Share Price in Focus As it Sells Pipavav LPG Terminal to Aegis Vopak for ₹428 Crore

On July 10, 2025, Aegis Logistics announced it had signed a Business Transfer Agreement with its associate company, Aegis Vopak Terminals Limited (AVTL). Under this deal, the newly built LPG cryogenic terminal at Pipavav was transferred for ₹428.4 crore in cash.

The transfer was done as a slump sale on a going-concern basis, meaning the entire business unit was sold together. Although this is a related party transaction, the company clarified that it was executed at fair market terms and does not fall under SEBI’s “undertaking” regulations or any Scheme of Arrangement.

About the Pipavav Terminal

The terminal, commissioned on July 3, 2025, has a large static storage capacity of 48,000 metric tonnes. Because it started operations in July, it did not contribute to Aegis’s turnover or net worth as of March 31, 2025.

Reason for the Transfer

Aegis Logistics explained that moving the terminal to Aegis Vopak Terminals will help combine LPG handling services under one roof. This consolidation is aimed at improving efficiency and meeting the rising demand at Pipavav Port. Importantly, the company’s shareholding pattern remains unchanged after the transaction.

About Aegis Logistics

Aegis Logistics is a logistics company involved in oil, gas, and chemicals. It operates through five related business segments, including bulk liquid and LPG terminals, filling plants, pipelines, and gas stations.

Also Read: TCS Q1 FY26 Results: Revenue and Net Profit Recorded Growth, Declared ₹11 Interim Dividend! 

Aegis Logistics Share Price Performance

As of 9:47 AM on July 11, Aegis Logistics share price was trading at ₹744.90, down 0.38% for the day. The stock opened at ₹752.00 and moved between an intraday high of ₹755.90 and a low of ₹742.45. It has a market capitalisation of ₹26,300 crore. The stock’s 52-week high is ₹1,037.00, while the 52-week low is ₹609.85. Currently, it does not have a price-to-earnings (P/E) ratio or a dividend yield.

Conclusion

By selling the new Pipavav terminal to Aegis Vopak, Aegis Logistics is streamlining its operations and strengthening LPG services. Investors can view this move as part of the company’s plan to build more efficient logistics infrastructure without altering its ownership structure.

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