Aegis Vopak Falls on Terminal Sale

  Published 11 months ago

Aegis Vopak shares drop 2.3% after slump sale of new LPG terminal for ₹428.4 crore to boost operational efficiency.

  • Terminal commissioned on July 3, 2025, had no turnover or net worth impact as of March 2025.
  • Sale structured as related-party slump sale, executed at arm’s length; no shareholding change or regulatory breach.
  • Move aims to consolidate LPG services under Aegis Vopak, improving synergy and demand management at Pipavav Port.
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