Aegis Logistics Ltd. — Capital/Financing Update 2022

May 20, 2022

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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 12 July, 2021.

Dear Sir,

This bears reference to our earlier intimation dated 12th July, 2021 about having entered into a Share Subscription Agreement (“ SSA ”) among Aegis Logistics Limited (“ Company ”), Vopak India B.V. (“ Vopak ”) and the Company’s wholly owned subsidiary Aegis Vopak Terminals Limited (formerly known as Aegis LPG Logistics (Pipavav) Limited) (“ AVTL ”) wherein AVTL has agreed to issue to Vopak, and Vopak, has agreed to subscribe to, the shares of AVTL, such that upon completion of such subscription, the Company shall hold the legal and beneficial ownership to 51% of the share capital of AVTL and Vopak shall hold the legal and beneficial ownership to 49% of the share capital of AVTL.

With respect to the above, please note that the SSA has been amended on 19 May, 2022 (“ Amendment Agreement ”).

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. The disclosure is attached as ‘Annexure A’. 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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Annexure A

Sr No.	Items for disclosure	Description
1.	Nameof parties to theagreement	Company, Vopak and AVTL
2.	Nature of the agreement	The Company had entered into the SSA withrespect to the subscription by Vopak to equityshares of AVTL representing 49% of the paid-upshare capital of AVTL, subject to the terms andconditions set out in the SSA. The AmendmentAgreement has been entered into to amendcertain terms of the SSA.
3.	Date of execution of theagreement	19 May, 2022
4.	Details of amendment andimpact thereof or reasons ofterminationandimpactthereof	Certain terms of the SSA have been amended,including the aggregate base considerationpayable by Vopak to AVTL for the issuance andallotment of subscription shares, which has beenamended from INR 14,861,850,000 (Rupeesfourteen billion eight hundred and sixty-onemillion eight hundred and fifty thousand only) toINR 15,761,850,000 (Rupees fifteen billionseven hundred sixty one million eight hundredand fifty thousand only). The aggregate baseconsideration continues to be subject to theadjustments contemplated in the SSA read withthe Amendment Agreement.

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