Aegis Logistics Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 14, 2025.
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Aegis Logistics held its 68th AGM on August 14, 2025, via video conferencing, where 9 resolutions were tabled including adoption of financial statements, final dividend, director re-appointments, secretarial auditor appointment, and related-party transaction approvals for the company and three subsidiaries. From the Chairman's speech, group profit after tax rose 17.11% to Rs. 787 crore in FY24-25 with EPS of Rs. 18.90 and a debt-to-equity ratio of just 0.41 (no net debt). Subsidiary Aegis Vopak Terminals successfully listed on BSE/NSE on June 2, 2025, raising Rs. 2,800 crore. The company commissioned new liquid terminals at Mangalore (75,230 m3) and JNPA (101,900 m3), LPG cryogenic facilities at Mangalore (82,000 MT) and Pipavav (48,000 MT), and began development of an ammonia terminal at Pipavav (36,000 MT). A final dividend of Rs. 6 per share was recommended, taking total FY24-25 dividend to Rs. 7.25 per share (interim Rs. 1.25 already paid).
Strong profit growth, zero net debt, fresh capacity additions, and the successful subsidiary listing point to a financially robust expansion phase. The Rs. 7.25 total dividend signals healthy cash returns, while approval of related-party transactions and director re-appointments are routine items.