Aegis Vopak Terminals Ltd

🚢 Aegis Vopak Expands Storage Capacity with 36,000 MT Ammonia Terminal

- Aegis Vopak Terminals Limited has entered into a Deed of Assignment with its subsidiary Aegis Terminal (Pipavav) Limited (ATPL) on March 26, 2026.

- The agreement assigns the company's rights to acquire a specialized ammonia storage terminal at Pipavav Port with a static capacity of 36,000 MT to ATPL.

- ATPL is a subsidiary of Aegis Vopak, currently holding 96% equity stake, which will reduce to 86% after transferring shares to Itochu Corporation.

- This transaction is classified as a related party transaction but is conducted on an arm's length basis.

- No special rights like board appointments or share subscription rights are involved in this agreement.