BSE Announcement

Aegis Vopak Terminals Ltd

The board of Aegis Vopak Terminals (AVTL) at its meetings held on 26 March 2026 has approved the following:

- Proposed sale of 10% of the equity stake i.e 5000 equity shares of Rs 10/- of Aegis Terminal (Pipavav) (ATPL), its subsidiary company to Itochu Corporation for an aggregate consideration of Rs 80.32 crore. On completion of sale of shares, AVTL will continue to hold 86% of equity stake i.e. 43,000 equity shares of Rs 10/- in ATPL.

- Assignment of rights to acquire specialised storage terminal for Ammonia at Pipavav Port to ATPL. This bears reference to the company's earlier disclosure dated 19 June 2025, wherein the Company had entered into a Framework Agreement with Aegis Logistics (ALL), one of the promoter Company, for acquiring specialised storage terminal for Ammonia at Pipavav Port with a static capacity of 36,000 MT constructed and developed by ALL. Subsequently, the Company has proposed to assign the rights to acquire the said specialised storage terminal for Ammonia at Pipavav Port to ATPL. Subsequently, upon completion of the project, Business Transfer Agreement will be executed between ATPL and ALL.

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Bharat Dynamics Ltd
Bharat Dynamics has successfully completed First-off Production Model (FOPM) of Advanced Akash Weapon System, with upgraded sub-systems thereby enhancing the performance and bolstering combat capability of the Indian Armed Forces.

The system demonstrated high precision against diverse aerial threats. This once again showcases BDL prowess to deliver complex systems for the Armed Forces.

This shall pave way for commencement of the delivery of this Advanced Akash Weapons Systems to the Indian armed forces shortly.

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