Aegis Logistics Board Approves Consent for Assignment to Aegis Terminal (Pipavav) Limited
Mumbai – March 26, 2026 – Aegis Logistics Limited announced that its Board of Directors approved the issuance of consent for assignment to Aegis Terminal (Pipavav) Limited (ATPL) during a meeting held on Thursday, March 26, 2026.The move follows a Framework Agreement previously established on June 19, 2025, with Aegis Vopak Terminals Limited (AVTL) for the transfer of a specialized storage terminal for Ammonia at Pipavav Port. The terminal has a static capacity of 36,000 metric tons.
The Board approved the issuance of consent for AVTL to assign the rights to transfer the terminal to ATPL, a subsidiary of AVTL.
A separate Business Transfer Agreement will be executed with ATPL upon completion of the project. Additional details will be provided following the execution of this agreement.
The Board meeting commenced at 5:03 p.m. and concluded at 5:20 p.m.
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