Aegis Logistics Limited — Important, 01-11-2024: General Updates

Aegis Logistics Limited has reported that its subsidiary, Aegis Vopak Terminals Limited (AVTL), has allotted 12,765,957 equity shares at a premium, raising approximately INR 300 crore. Additionally, 1,063,830 shares were issued to Mr. Sudhir Malhotra, CEO of the company. This investment increases Aegis Logistics' shareholding in AVTL from 50.55% to 51.14%. AVTL operates in storage and logistics, focusing on various products, including chemicals and LPG. Further details are available on the company's website.