Aegis Logistics to acquire 89.8 percent stake in Tristar Holdings for US$809mn

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

AEGISLOG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+6.9%Reaction day

₹1389.50

prior close

₹1399.40

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.0%+6.9% vs market

Gas peers, median of 8sector · industry level+1.4%+5.5% vs sector

On the reaction day the stock moved 6.9 pts more than Nifty Smallcap 250 and 5.5 pts more than its Gas peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

+1.8

15m

+3.0

30m

+3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.9-0.0+6.9+1.4+5.5

Next day

+1.3-1.2+2.5+0.9+0.4

-1.4-1.1-0.3+0.4-1.8

-4.0-2.2-1.8-0.4-3.6

-4.8-4.4-0.4-0.6-4.3

-6.2-5.5-0.7-1.7-4.5

-6.7-7.1+0.4-1.9-4.8

15d

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UpDownMarket · Nifty Smallcap 250Sector · Gas peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aegis Logistics Board approved acquiring 89.8 percent stake in Dubai-based Tristar Holdings via its Singapore step-down subsidiary for US$809 million cash. Tristar is a liquid logistics player with operations in 30 plus countries. FY25 revenue about US$1.4 billion, net profit about US$82 million. Deal expected to close in Q4 FY27 subject to regulatory approvals. Not a related party transaction.

Likely market impact

Large cash acquisition, about 11x Tristar FY25 net profit, expands global liquid logistics footprint. Funding source and integration details awaited.