Aegis Logistics’ Big Move: Pipavav LPG Terminal Transfer Unpacked

1. Major Corporate Developments Transfer of Pipavav LPG terminal Aegis Logistics executed a Business Transfer Agreement with its associate, Aegis Vopak Terminals Ltd., on July 10 for the slump-sale of its newly commissioned Pipavav LPG cryogenic terminal. The static storage capacity is 48,000 MT, and the cash consideration was ₹428.4 crore. The move consolidates LPG terminalling under AVTL to drive synergies. Q4 FY25 board meeting & dividends On June 19, the board met to approve audited Q4 FY25 standalone and consolidated results, recommend a final dividend for FY24–25, and declare an interim dividend for FY25–26. The record date for the interim payout was set as June 25, 2025. 2. Stock Performance Highlights July 10 session Closed at ₹749.40, up ₹6.30 (+0.85%) on BSE. Day’s range: ₹739.85–₹757.65. 52-week range: ₹609.85–₹1,037.00. June 19 surge Shares jumped 4.8% to an intraday high of ₹811.75 as investors positioned ahead of Q4 results and dividend announcements, settling 2.07% higher at ₹790.45 midday.