AEGIS VOPAK has appointed Mr. Wimal Roy Shylindra Kumar Samlal as an Additional Non-Executive Non-Independent Director, effective October 16, 2025, pending shareholder approval. Mr. Deepak Gajanan Dalvi resigned from his position as Non-Executive Non-Independent Director. The company also plans to raise up to Rs. 660 Crores through Non-Convertible Debentures on a private placement basis.
Directorate Changes
AEGIS VOPAK announced the appointment of Mr. Wimal Roy Shylindra Kumar Samlal as an Additional (Non-Executive and Non-Independent) Director, effective October 16, 2025. This appointment is subject to shareholder approval. The Nomination and Remuneration Committee recommended the appointment.
In parallel, Mr. Deepak Gajanan Dalvi resigned from his position as Non-Executive Non-Independent Director of the company, effective October 16, 2025, due to pre-occupation.
Fund Raising Plans
The Board approved a plan to raise funds through the issuance of Non-Convertible Debentures (“NCDs”) for an amount up to Rs. 660,00,00,000 (Rupees Six Hundred Sixty Crores only) on a Private Placement basis.
Details of NCD Issuance
The company proposes to issue 66,000 Secured, Senior, Rated, Listed, Redeemable Non-Convertible Debentures with a face value of INR 1,00,000 each. The NCDs are proposed to be listed on NSE Limited. The coupon rate is 6.92% per annum payable quarterly. Maturity is 3 years from the deemed date of allotment.
The NCDs will have a first ranking charge on tangible moveable fixed assets at Mangalore Port, and a first-ranking charge over cashflows, receivables, book debt, and bank accounts. Put and Call options are available 12 months from the date of allotment and every year thereafter.
Source: BSE
