Aegis Logistics Ltd. — Capital/Financing Update 2021

Jun 8, 2021

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June 8, 2021

To, The Secretary, Capital Market Operations Market Operations Department, The National Stock Exchange of India Ltd. The BSE Ltd. Exchange Plaza, 5[th] Fl., 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 and Disclosure Requirements) Regulations 2015

Pursuant to regulation 30 read with Schedule III part-A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have to inform you that the Board of Directors of the Company at its meeting held on Monday i.e. June 7, 2021, considered and inter-alia:

• i. Approved investment in the equity shares of Aegis LPG Logistics (Pipavav) Ltd., by way of acquisition upto 100% stake from its wholly owned subsidiary Aegis Gas (LPG) Pvt. Ltd.

• ii. Approved further investment of Rs. 56,00,000 in the shares of Aegis LPG Logistics (Pipavav) Ltd. by acquiring additional 4,60,000 equity shares of Rs. 10/- each and 1,00,000 Compulsory Convertible Preference Shares (“CCPS”) of Rs. 10/- each.

The Annexure with respect to the Guidance note dated 9[th] September, 2015 is enclosed.

Further the Company confirms that the trading window for dealing in the securities of the Company was closed for the Company's Directors/designated persons associated with the Company till the close of business hours on Thursday, June 10, 2021.

Kindly take the same on record.

Thanking you.

Yours faithfully, For AEGIS LOGISTICS LTD.

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MONICA GANDHI COMPANY SECRETARY

Encl.: As above

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Annexure

Items for Disclosure	Description
Name of the target entity, details in brief such as size, turnover etc.;	Aegis LPG Logistics (Pipavav) Ltd. (“ALLPL”) Paid up Capital: Rs. 5,00,000 Turnover: Nil
Whether the acquisition would fall within related party transaction(s)and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms length”;	Transaction involves holding company and its wholly owned subsidiaries. Promoters have no interest in the entity being acquired.
Industry to which the entity being acquired belongs;	Storage and terminalling facilities of LPG and Logistics.
Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	The Company plans for the next phase of growth through the direct subsidiary.
brief details of any governmental or regulatory approvals required for the acquisition;	N.A
indicative time period for completion of the acquisition;	3-7 days
nature of consideration -whether cash consideration or share swap and details of the same;	Cash
cost of acquisition or the price at which the shares are acquired;	At par (Rs. 10 per share)
percentage of shareholding / control acquired and / or number of shares acquired;	Upto 100% of the stake in ALLPL
brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Yet to start business activity.

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