Meeting Details

  • Meeting Date: August 7, 2026
  • Time: 3:00 p.m. to 3:29 p.m. IST
  • Mode: Video Conferencing / Other Audio Visual Means (VC/OAVM)
  • Chairman: Mr. Raj Chandaria, Chairman & Managing Director
  • Company Secretary: Ms. Sneha Parab
  • Scrutinizer: Mr. Prasen Naithani, Practicing Company Secretary

Voting Details

Remote e-voting period: August 3, 2026 (9:00 a.m. IST) to August 6, 2026 (5:00 p.m. IST). E-voting during AGM: 15 minutes included in meeting duration. Voting results to be communicated to BSE and NSE and uploaded on company website within two working days of the meeting.

Financial Performance Highlights (FY 2025-26)

  • Profit After Tax (Consolidated): ₹1,106.63 crore (vs. ₹787.41 crore previous year, +40.54% YoY)
  • Earnings Per Share: ₹25.59
  • Debt Position: Low debt-to-equity ratio of 0.04, no net debt on consolidated basis as of March 31, 2026
  • Performance driven by excellent results from liquids and gas terminalling business and LPG distribution business

Dividend Actions

  • Interim Dividend: ₹2.00 per equity share (200%) declared and paid during FY 2025-26
  • Final Dividend Recommended: ₹6.70 per equity share (670%) recommended by Board on May 29, 2026
  • Total Dividend for FY 2025-26: ₹8.70 per equity share (if final dividend approved)
  • Face value of equity shares: ₹1 each

Resolutions Approved

1. Adoption of Audited Standalone & Consolidated Financial Statements for year ended March 31, 2026, together with reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of Final dividend @ ₹6.70 per equity share and confirmation of Interim Dividend @ ₹2 per equity share (Ordinary Resolution)

3. Re-appointment of Mr. Amal Raj Chandaria (DIN: 09366079) as Director retiring by rotation (Ordinary Resolution)

Audit Reports

No qualifications, observations or comments on Secretarial matters and financial transactions or matters with adverse effect on company functioning as per:

  • Secretarial Auditors' Report for financial year ended March 31, 2026
  • Statutory Audit Report on Financial Statements for year ended March 31, 2026

Subsidiary Update: Aegis Vopak Terminals Limited (AVTL)

  • Successfully listed equity shares on BSE and NSE effective June 2, 2025
  • Raised ₹2,800 crore through primary issuance
  • Raised debt capital through private placement and listed non-convertible securities on NSE debt segment

Infrastructure Expansion Projects

Mumbai Port:

  • Development of new liquid tank terminals on approximately 19,000 m² additional land
  • Adding 61,000 kilolitres of liquid storage capacity at Pirpau, Mumbai Port

Jawaharlal Nehru Port (JNPA) - J2 Project:

  • 318,100 cubic metres liquid storage
  • 77,286 MT cryogenic LPG capacity
  • 35,000 MT per annum LPG bottling plant
  • Phase-I liquid storage capacity expected commissioning: Q1 FY27

Pipavav Port:

  • Commissioned cryogenic LPG terminal: 48,000 MT capacity
  • Under construction: India's first independent Ammonia Terminal (36,000 MT capacity)
  • Expected commissioning: H1 FY 2026-27

New Mangalore Port:

  • Commissioned cryogenic LPG terminal: 82,000 MT capacity

Kandla Port:

  • Allotted plot for construction and development of 94,148 cubic metre liquid terminal

Strategic Focus

Company incorporated sustainability into mission: to distribute and store bulk liquids and gases across India in safe and sustainable manner with dedicated focus on environmental impact. Supporting India's transition to more sustainable future, with ammonia as part of this journey.

Governance

Meeting conducted in accordance with circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. Quorum requirements were met.