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Aegis Logistics to transfer liquid storage units at Haldia Dock Complex to AVTL

02 Dec 2021 Evaluate

Aegis Logistics and Aegis Vopak Terminals (formerly known as Aegis LPG Logistics (Pipavav)) (AVTL) have entered into a business transfer agreement dated November 30, 2021 wherein the Company has agreed to transfer the liquid storage units of the Company located at Haldia Dock Complex, Mouza-Chiranjibpur, Dist. Midnapore (Purba Medinipur) (Haldia Undertaking), by way of a slump sale, as a 'going concern' to AVTL.

Aegis is India’s leading oil, gas and chemical logistics company. The company has five distinct but related business segments, and operates a network of bulk liquid terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services.

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