Aegis Vopak Sells 10% ATPL Stake to Itochu

Aegis Vopak Terminals Limited executed SPA 1, a Shareholders' Agreement, and SPA 2 with Itochu Corporation on March 27, 2026 for sale of 10% equity stake in subsidiary ATPL.
The 10% stake (5,000 equity shares of ₹10 each) in Aegis Terminal (Pipavav) Limited is being sold to Itochu Corporation for an aggregate consideration of ₹80.32 crore.
Post-transaction, Aegis Vopak's holding in ATPL will reduce from 96% to 86%; SPA 2 is a contingent buy-back agreement effective only on non-fulfilment of agreed conditions.
Post-closing obligations include transfer of certain ammonia tanks at Port of Pipavav from Aegis Logistics Limited to ATPL on a slump sale basis.