Aegis Logistics transfers Pipavav ammonia terminal to subsidiary for ₹525 crore

Aegis Logistics is reshuffling its terminal assets, transferring its newly commissioned ammonia storage facility at Pipavav Port to step-down subsidiary Aegis Terminal (Pipavav) for ₹525 crore. The slump sale covers a terminal with 36,000 metric tonnes of static storage capacity and was completed through a business transfer agreement, with the consideration payable upon execution.

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