Meeting Details

The 13th Annual General Meeting was held on Friday, August 07, 2026, at 11:00 a.m. IST through Video Conferencing/Audio Visual Means. The meeting concluded at 11:41 a.m. IST, including 15 minutes of e-voting time during the AGM.

Financial Performance Highlights

  • Consolidated revenue from operations increased by 16.96% to ₹923.07 crores in FY25-26 compared to ₹789.21 crores in previous year
  • Profit after Tax (consolidated) increased by 52.07% to ₹341.92 crores from ₹224.84 crores in previous year
  • Operational profit of the Group increased to ₹703.45 crores from ₹578.73 crores in previous financial year
  • Debt to equity ratio stood at 0.08 as compared to last year
  • Net debt ratio of 0.41 as on March 31, 2026

Dividend Declaration

The Board of Directors recommended Final Dividend @ 2% i.e. ₹0.20 per equity share of face value ₹10 each for financial year 2025-26, subject to shareholder approval.

Resolutions Passed

1. Adoption of Audited Standalone & Consolidated Financial Statements for year ended March 31, 2026 (Ordinary Resolution)

2. Declaration of Final dividend @ 2% i.e. ₹0.20 per equity share (Ordinary Resolution)

3. Re-appointment of Mr. Murad Moledina as Director liable to retirement by rotation (Ordinary Resolution)

4. Approval of material related party transactions with Aegis Logistics Limited (Promoter) (Ordinary Resolution)

5. Approval of material related party transactions with Aegis Gas (LPG) Private Limited (fellow subsidiary) (Ordinary Resolution)

6. Approval of material related party transactions with Sea Lord Containers Limited (fellow subsidiary) (Ordinary Resolution)

Strategic Developments and Acquisitions

  • Successful IPO completion and listing on BSE and NSE on June 2, 2025 through primary issuance
  • Debt capital raised through private placement and listing of non-convertible securities on NSE debt segment
  • Acquisition of operational LPG terminal at New Mangalore Port adding 82,000 MT storage capacity (total LPG static storage increased from 70,800 MT to 152,800 MT)
  • Acquisition of 48,000 MT cryogenic LPG terminal at Pipavav Port
  • Acquisition of India's first independent ammonia terminal at Pipavav Port with 36,000 MT static storage capacity (expected closure in first half of FY26-27)
  • Entry into East Coast market via HALPG acquisition adding 25,000 MT LPG storage capacity at Haldia
  • Company now operates four coastal LPG terminals: Pipavav, Kandla, New Mangalore, and Haldia

Capital Expenditure and Projects

  • J2 Project at Jawaharlal Nehru Port Authority comprising 77,286 MT LPG storage capacity, 318,100 CBM liquid product storage, and LPG bottling plant with 35,000 MT annual capacity
  • Total project capital outlay: ₹1,67,500 lakhs (₹1,675 crores)
  • Phase-I liquid storage capacity expected commissioning in Q1 FY27
  • LPG Rail Loading Infrastructure and downstream Bottling Plant at New Mangalore currently underway

Voting Process

Remote e-voting commenced at 9:00 a.m. IST on August 03, 2026 and ended at 5:00 p.m. IST on August 06, 2026. Mr. Prasen Naithani, Practicing Company Secretary, appointed as Scrutiniser. Voting results to be communicated to BSE and NSE and uploaded on company website within two working days.

Audit Reports

No qualifications, observations or comments on Secretarial matters and financial transactions in Secretarial Auditors' Report and Statutory Audit Report for financial year ended March 31, 2026.