Aegis Logistics Ltd

EGM Details

• EGM on 21 Oct 2026 at 4:00 PM IST via VC/OAVM.

Resolution 1: Borrowing limits

• Type: Special.
• Nature: increase borrowing limit to Rs 6,000 crore.
• Board authorized to finalize borrowings and related documents.

Resolution 2: Charge on assets

• Type: Special.
• Nature: mortgage/charge on assets to secure borrowings.
• Scope: movable and immovable assets, present and future.
• Authorized to finalize documents and related steps.

Resolution 3: Fund raise via securities

• Type: Special.
• Nature: raise funds up to Rs 6,000 crore via securities in one or more tranches.
• Mode: public, private, QIP; multiple instruments permitted.
• Pricing: floor price; discount up to 5% allowed.
• Terms: 365-day allotment window; pari-passu ranking.
• Promoter participation: not in QIP.
• Use of proceeds: inorganic growth, debt repayment, working capital, capex.
• Board powers: appoint intermediaries and manage listing.

Voting status

• Voting outcome not disclosed in the notice.

Shareholding / Governance impact

• Dilution possible on future issuances; promoter participation restricted in QIP; no board/KMP changes disclosed.

Fund-raise plan overview

• Instruments include equity shares, FCCBs, convertibles, debentures, non-convertible debt, warrants, and other equity-based securities.
• Issuance through one or more public issues, private placements, rights issues, QIP, or combinations.
• Aggregate size up to Rs 6,000 crores.
• Pricing details not disclosed; to be determined per instrument.
• Board authorized to create charge on assets within the overall borrowing limits.
• Fund Raising Committee authorized to implement the proposal.
• Shareholder approval via special resolution required.
• Regulatory and statutory approvals, as required, will be pursued.
• Issuance may be denominated in rupees or foreign currencies.
• Investors include QIBs and other eligible buyers domestically or internationally.
• Objective is raising funds up to Rs 6,000 crores.
• Subject to requisite shareholder and regulatory approvals.
• Creation of charge on assets; instrument-specific covenants to be set.
• Denominations can be in rupees or foreign currencies across tranches.

Formation of step-down subsidiary

• AVTL has incorporated Aegis Energy Terminals Limited as a 100% owned step-down subsidiary.
• Authorized share capital Rs 1,000,000; paid-up capital Rs 500,000.
• Turnover not yet started; incorporated 25 September 2026; industry storage and terminalling.
• No related party involvement; 100% ownership by AVTL.

Incorporation of Singapore step-down subsidiary

• Eastern India LPG Company Private Limited formed Aegis Logistics International Pte Ltd in Singapore.
• Aegis Logistics International Pte Ltd is a wholly owned step-down subsidiary of the company.
• Initial share capital is 1 USD; turnover not yet applicable.
• Business focus will be storage, terminaling, and related logistics activities.
• Date of incorporation: 25 September 2026; country: Singapore.
• 100% of the shareholding is held by Eastern India LPG Company Private Limited.
• Not a related party transaction; no promoter group interest in the entity.
• Regulatory approvals required for the incorporation are not applicable.

Meeting Details

• Meeting date: September 28, 2026; time and venue not disclosed.

Key Agenda Items

• Consider proposals for fund-raising via equity and/or debt instruments, including QIP, subject to regulatory/shareholder approvals.

Other Notes

• Trading window for Designated and Connected Persons remains closed until board meeting concludes.

ESG Rating Disclosure

• ESG rating score 61 assigned by independent provider Niche99 (Niche Ninety-Nine Capability and Certifications) Pvt Ltd.
• Company states it did not engage Niche99; rating based on public-domain data.
• Report available on Aegis Logistics website.
• Disclosed to exchanges on Sep 18, 2026.

Rating details

• Rating Action: India Ratings affirms IND AA/Positive/IND A1+ for bank loan facilities.
• Instruments/Facilities Rated: Bank loan facilities (Long-term/Short-term).
• Rating Agency: India Ratings and Research Private Limited.

Meeting Details

• Dates: 23–24 September 2026; times not specified.
• Type/Mode: in-person investor conference in Hong Kong.
• Event: CLSA Hong Kong Conference.
• Participants: company officials (management) to attend.
• Purpose: investor interaction at the conference.
• Materials: Investor Presentation uploaded on stock exchanges and company website.