Aegis Logistics Ltd. — Capital/Financing Update 2021

Jul 12, 2021

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12[th] July, 2021

To,
The Secretary,	Capital Market Operations
Market Operations Department,	The National Stock Exchange of India Ltd.
The BSE Ltd.	Exchange Plaza, 5thFl., Plot No.C/1,
Phiroze Jeejeebhoy Towers,	G Block, Bandra-Kurla Complex,
Dalal Street, Fort,	Bandra (E),
Mumbai–400 023.	Mumbai–400 051.
Scrip Code: 500003	Scrip Code: AEGISCHEM

Dear Sir,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations 2015

Aegis Gas (LPG) Private Limited (“ AGPL ”), Vopak India B.V. (“ Vopak ”) and Aegis Logistics Limited (“ Company ”) have entered into a share purchase agreement in relation to the transfer of shares of Hindustan Aegis (LPG) Limited (“ HALPG ”) by AGPL to Vopak representing 24% of the shareholding of HALPG and the Company shall hold 51% of the share capital of the HALPG through its wholly owned subsidiary i.e. , AGPL.

This disclosure is being made pursuant to Para B of Part A of Schedule III as provided in Regulation 30(3) of the Securities and Exchange Board of India (Listing Obligation & Disclosure Requirements) Regulations, 2015. The disclosure is attached as ‘ Annexure A ’.

You are requested to take note of the same.

Thanking You,

Yours Faithfully,

For Aegis Logistics Limited

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Monica Gandhi Company Secretary

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ANNEXURE A

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Sr. Items for Disclosure Description
No.
1. Name(s) of parties with whom The Company has entered into a share
the agreement is entered; purchase (“ Share Purchase
Agreement ”) with its subsidiary AGPL
and Vopak.
2. Purpose of entering into the The Company has entered into the Share
agreement Purchase Agreement for transfer of
shares of HALPG by AGPL to Vopak
representing 24% of the shareholding of
HALPG.
Equity shares representing 24% of the
3. Size of agreement
paid-up share capital of HALPG are
proposed to be transferred by AGPL to
Vopak, for an aggregate base
consideration of INR 3,138,000,000
(Rupees Three Billion One Hundred
Thirty Eight Million) subject to
adjustments as contemplated in the
Share Purchase Agreement.
AGPL is a wholly owned subsidiary of the
4. Shareholding, if any, in the
Company.
entity with whom the agreement
is executed
5. Significant terms of the The Company is required to indemnify
agreement (in brief) special Vopak in the event of, inter alia , a breach
rights like right to appoint of the representations and warranties
directors, first right to share provided to Vopak in the Share Purchase
subscription in case of issuance Agreement in relation to the sale of
of shares, right to restrict any shares held by AGPL in HALPG, subject
change in capital structure etc to the limitations set forth in the Share
Purchase Agreement.
The parties to the Share Purchase
6. Whether, the said parties are
Agreement do not form part of the
related to promoter/promoter
Promoter/ Promoter group of the
group/ group companies in any
Company.
manner. If yes, nature of
relationship
7. Whether the transaction would Not applicable.
fall within related party
transaction? If yes, whether the
same is done at “arms length”
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8.	In case of issuance of shares to the parties, details of issue price, class of shares issued	Not applicable.
9.	In case of loan agreements, details of lender, nature of the loan, total amount of loan granted, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders for such loan	Not applicable
10.	Any other disclosures related to such agreements,viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.	Not applicable.
11.	In case of termination or amendment of agreement, listed entity shall disclose additional details to the stock exchange(s): a. Name of parties to the agreement; b. Nature of the agreement; c. Date of execution of the agreement; d. Details of amendment and impact thereof or reasons of termination and impact thereof.	Not applicable.

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