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Aegis Logistics Shares Fall Over 2% After Board Approves Sale of 51% Stake in Subsidiary HALPG

By Shishta Dutta | Published at: Oct 30, 2025 03:30 PM IST

Aegis Logistics Shares Fall Over 2% After Board Approves Sale of 51% Stake in Subsidiary HALPG
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Mumbai, October 30, 2025: Shares of Aegis Logistics Limited (NSE: AEGISLOG, BSE: 500003) slipped over 2% on Thursday after the company announced that it has approved a major internal restructuring. The move involves the sale of a 51% stake in Hindustan Aegis LPG Limited (HALPG) by its wholly owned subsidiary Aegis Gas (LPG) Private Limited (AGPL).

Aegis Logistics Limited is a leading integrated logistics company specialising in liquid and gas storage, distribution, and terminal operations. The company was established in 1956 and operates within the Trading–Gas industry segment. It was listed on both NSE and BSE on April 3, 1996, trading under the tickers AEGISLOG and 500003, respectively, and is part of the Nifty Smallcap 250 Index.

Key Transaction Details

At its meeting held on October 29, 2025, the board of the company has approved the sale of 6,21,146 equity shares (face value ₹10 each) of Hindustan Aegis LPG Limited (HALPG) that consititues 51% stake of the company.

The shares will change hands at a total transaction value of ₹701.61 crore, moving from Aegis Gas (LPG) Private Limited (AGPL), the seller, to Aegis Vopak Terminal Limited (AVTL), Associate Company, the buyer. The transaction is expected to be completed on or before January 15, 2026.

As the transaction involves related parties, it is being executed at arm’s length. Post the completion of the transfer, HALPG will cease to exist as a subsidiary of AGPL and step down as a subsidiary of Aegis Logistics.

Financial Contribution of HALPG (FY25)

As of the financial year 2025, HALPG had a turnover of ₹168.13 crore, which constituted 2.49% of Aegis Logistics’ turnover. Similarly, HALPG’s net worth for the financial year 2025 was ₹447.24 crore, which constituted 10.07% of Aegis Logistics’ net worth for the year. However, it is expected that the restructuring will align with Aegis’ strategy to streamline its group structure and enhance operational efficiency across its LPG logistics and storage business verticals.

Stock Performance

As of October 30, 2025, 2:57 pm, the share price of Aegis Logistics Limited was at ₹767.55, a decline of 2.27% or ₹17.80. The shares opened in green at ₹790.00 and saw a moderately active session, with traded volume at 2.82 lakh and traded value of ₹21.72 crore.

REF: https://nsearchives.nseindia.com/corporate/AEGISCHEM_29102025120027_ALL_SE_Intimation_saleofHALPGsharesbyAGPL_29102025_S.pdf

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