Aegis Logistics Limited — Important, 28-10-2024: Updates
28-10-2024 · 05:24 pm
Aegis Logistics Limited's subsidiary, Aegis Vopak Terminals Limited (AVTL), plans a preferential issue of up to ₹800 Crores and an initial public offering (IPO) to raise up to ₹4000 Crores. This IPO will include a fresh equity share issue, subject to regulatory approvals and market conditions. Should AVTL cease to be a subsidiary post-IPO, necessary shareholder approvals will be secured prior to filing the red herring prospectus. Further details are available on the company’s website.
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