Aegis Vopak Terminals Ltd, a joint venture between Aegis Logistics Limited and Royal Vopak, is actively exploring various options to secure funding for its future growth. These options may include a potential fund raise through a public issue, a preferential issue, or a combination of both equity shares and debt. The AVTL board will determine the best course of action in accordance with applicable laws and regulations.

As India’s largest independent tank storage company, AVTL specialises in the storage of LPG and chemicals. This exploration of funding options aims to support AVTL’s continued expansion and strengthen its market position.

At this stage, no final decisions have been made, and the outcome of these funding explorations remains uncertain. Further updates will be provided as necessary. Unfortunately, additional details cannot be disclosed at this time.

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9th July 2024