Aegis Logistics Limited has officially announced the approval for the assignment of rights for its specialized ammonia storage terminal at Pipavav Port. The Board of Directors, in a meeting held on March 26, 2026, cleared the issuance of consent to Aegis Vopak Terminals Limited (AVTL) to transfer the terminal to its subsidiary, Aegis Terminal (Pipavav) Limited (ATPL). This specialized terminal, which features a static capacity of 36,000 MT, was originally developed by the company. Upon the completion of the project, a formal Business Transfer Agreement will be executed between the company and ATPL to finalize the transition.

The move follows a foundational Framework Agreement established with AVTL on June 19, 2025. This strategic assignment is part of a broader internal restructuring aimed at streamlining terminal operations under specialized subsidiaries. The ammonia terminal is a critical component of the company’s expansion into green energy logistics, specifically targeting the growing demand for specialized chemical storage in Western India. Detailed disclosures regarding the transaction will be provided under SEBI Regulation 30 following the final execution of the transfer agreement.

Aegis Logistics Limited is a dominant player in India’s oil, gas, and chemical logistics sector, operating a vast network of liquid and LPG terminals across major ports including Mumbai, Pipavav, and Kandla. Throughout 2025, the company aggressively expanded its infrastructure, commissioning 101,900 KL of liquid storage at JNPT and securing new land allotments in Mangalore and Kandla for future development. Recent strategic updates include the successful 75% stake acquisition in Hindustan Aegis LPG Limited, strengthening its position in the Eastern region. The company has also committed to a long-term capital expenditure roadmap of USD 5 billion by 2030 to solidify its leadership in the energy infrastructure space.

For the quarter ended December 31, 2025, Aegis Logistics reported a consolidated revenue of ₹1,806.10 Crores, reflecting a steady performance in its core segments. The company’s consolidated net profit for the same period surged to ₹233 Crores, representing a significant 45% year-on-year growth compared to the corresponding quarter of the previous year. This profitability was largely driven by record volumes in the gas logistics and distribution divisions. Notable investors in the company include the Quant Small Cap Fund, which holds approximately 4.26% of the equity, and the Government of Singapore, which maintains a 1.83% stake as of December 2025.