AEGISVOPAK TERMINALS LIMITED : PIPAVAV (GUJARAT) STEP-DOWN SUBSIDIARY ACQUIRES 100% AMMONIA STORAGE TERMINAL

• Aegis Terminal (Pipavav) Limited acquired a specialized storage terminal for Ammonia with a static capacity of 36,000 MT at Pipavav Port from Aegis Logistics Limited via slump sale. • The deal value is INR 5,250,000,000. • The acquisition is financed via internal accruals/debt. • Impact: Positive (Strategic capacity addition in ammonia storage to cater to growing demand and strengthen market position)

Aegis Vopak Terminals Limited

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