Archive · 7 Nov 2025
Aegis Vopak Terminals Approves Issuance of ₹660 Crore in NCDs
Imagine a company that stores and moves things like oil and gas for other businesses.
This company, called Aegis Vopak Terminals, is like a big storage locker for many important liquids.
They are going to borrow money by selling special IOUs called NCDs.
They will borrow 660 crore rupees and promise to pay it back in three years.
They will also pay a little bit of extra money, called interest, each year.
This is a way for the company to get money to keep its business running and growing.
The company also recently shared that it made more money than before in the last few months.
Aegis Vopak Terminals has approved the issuance of Non-Convertible Debentures (NCDs) totaling ₹660 crore.
The NCDs will have a 3-year tenure and an interest rate of 6.92%.
These NCDs are intended to be listed on the NSE.
The company operates 20 tank terminals across six major Indian ports with significant storage capacity.
Aegis Vopak Terminals reported a 145% rise in profits to ₹54 crore and a 26% increase in revenue to ₹187 crore for the second quarter.
- Who
- Aegis Vopak Terminals, a joint venture between Aegis Logistics Limited India and Royal Vopak of the Netherlands
- What
- Approved the issuance of Non-Convertible Debentures (NCDs) worth ₹660 crore
- When
- Not specified, but reported on November 7, 2025
- Where
- India (registered office in Vapi, South Gujarat, with terminals across six key ports)
- Why
- To raise capital
- Company
- Aegis Vopak Terminals
- Instrument
- Non-Convertible Debentures (NCDs)
- Amount
- ₹660 crore
- Tenure
- 3 years
- Interest Rate
- 6.92%
- Listing Exchange
- NSE