Aegis Logistics Limited has informed the Exchange about providing Corporate Guarantee.
AEGISLOG · price
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Aegis Logistics Limited has provided a Corporate Guarantee of INR 80.32 crore to Itochu Corporation. The guarantee secures full and faithful performance of obligations by its subsidiary Aegis Vopak Terminals Limited (AVTL) under a Share Purchase Agreement dated March 27, 2026. The guarantee is linked to Itochu Corporation becoming a shareholder of Aegis Terminal (Pipavav) Limited (ATPL) prior to the transfer of the Ammonia Terminal at Pipavav Port from the Company to ATPL. The guarantee is valid for a limited period of 4 months until the Ammonia Terminal becomes operational and is transferred. Promoters and group companies have no interest in the transaction, which is conducted at arm's length.
The company states there is currently no impact from this guarantee. The 4-month limited guarantee covers a subsidiary's obligations during a terminal transfer, representing standard transaction support rather than a direct financial liability.