Aegis Logistics Ltd. — Capital/Financing Update 2021

Jun 8, 2021

June 8, 2021

To, The Secretary, Market Operations Department, The BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 023.

Capital Market Operations The National Stock Exchange of India Ltd. Exchange Plaza, 5th Fl., Plot No.C/1, G Block, Bandra-Kurla Complex, Bandra (E), 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 9th 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.

MONICA GANDHI COMPANY SECRETARY

Encl.: As above

Annexure

Items for Disclosure	Description
Name of the target entity, details in briefsuch as size, turnover etc.;	Aegis LPG Logistics (Pipavav) Ltd. ("ALLPL")Paid up Capital: Rs. 5,00,000Turnover: Nil
Whether the acquisition would fall withinrelated party transaction(s)and whether thepromoter/ promoter group/ groupcompanies have any interest in the entitybeing acquired? If yes, nature of interestand details thereof and whether the sameis done at "arms length";	Transaction involves holding company andits wholly owned subsidiaries. Promotershave no interest in the entity beingacquired.
Industry to which the entity being acquiredbelongs;	Storage and terminalling facilities of LPGand Logistics.
Objects and effects of acquisition (includingbut not limited to, disclosure of reasons foracquisition of target entity, if its business isoutside the main line of business of thelisted entity);	The Company plans for the next phase ofgrowth through the direct subsidiary.
brief details of any governmental orregulatory approvals required for theacquisition;	N.A
indicative time period for completion of theacquisition;	3-7 days
nature of consideration -whether cashconsideration or share swap and details ofthe same;	Cash
cost of acquisition or the price at which theshares are acquired;	At par (Rs. 10 per share)
percentage of shareholding / controlacquired and / or number of sharesacquired;	Upto 100% of the stake in ALLPL
brief background about the entity acquiredin terms of products/line of businessacquired, date of incorporation, history oflast 3 years turnover, country in which theacquired entity has presence and any othersignificant information (in brief);	Yet to start business activity.