Aegis Logistics invest Rs 300 cr in arm ATVL through preferential allotment
Fri, Nov 1, 2024 10:02 AM

Aegis Logistics invest Rs 300 cr in arm ATVL through preferential allotment

A Flip by Avya Verma
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Just days after confirming plans for a Rs 4,000 crore IPO of logistics joint venture Aegis Vopak Terminals (AVTL), Aegis Logistics has invested Rs 300 crore in the subsidiary through a preferential allotment of shares, raising its stake to 51.14%.Aegis Logistics said, "The Board of Aegis Vopak Terminals Limited (AVTL), a material subsidiary has allotted 1.28 crore shares.

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