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Aegis Logistics Ltd. — Capital/Financing Update 2022
May 20, 2022
60669_rns_2022-05-20_b58b6da0-90f6-433d-9968-46bd35d2b9e1.pdf
Capital/Financing Update
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20 May, 2022
To, The Secretary, Capital Market Operations Market Operations Department, The National Stock Exchange of India Ltd. The BSE Ltd. Exchange Plaza, 5th 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
Sub: Update - Intimation pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulation”)
Ref: Intimation letter dated 1 December, 2021.
Dear Sir,
This bears reference to our earlier intimation dated 1 December, 2021 about having entered into a Business Transfer Agreement dated 30[th] November 2021 (“ BTA ”) between Aegis Logistics Limited (“ Company ”) and Aegis Vopak Terminals Limited (formerly known as Aegis LPG Logistics (Pipavav) Limited) (“ AVTL ”) wherein the Company had agreed to transfer the liquid storage units of the Company located at Haldia Dock Complex, MouzaChiranjibpur, Dist. Midnapore (Purba Medinipur) (“ Haldia Undertaking ”),by way of a slump sale, as a ‘going concern’ to AVTL.
With respect to the above, we further inform you that Aegis and AVTL have entered into an agreement to amend the BTA (“ BTA Amendment Agreement ”) on 20 May, 2022. The BTA Amendment Agreement amends certain terms of the BTA, including that the BTA is now expected to be completed by 31 May 2022 or such other date as may be mutually agreed between the Company and AVTL.
This disclosure is being made pursuant to Para A of Part A of Schedule III as provided in Regulation 30 of the Securities and Exchange Board of India (Listing Obligation & Disclosure Requirements) Regulations, 2015. You are requested to take note of the same.
For Aegis Logistics Limited
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Monica T. Gandhi
Company Secretary
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