Aegis Vopak Terminals Limited has appointed Mr. Wimal Roy Shylindra Kumar Samlal as an Additional (Non-Executive Non-Independent) Director, effective October 16, 2025, pending shareholder approval. The company also approved raising funds up to ₹660 Crore through Non-Convertible Debentures (NCDs) on a private placement basis. Mr. Deepak Gajanan Dalvi has resigned as Non-Executive Non-Independent Director.
Leadership Changes
Effective October 16, 2025, Mr. Wimal Roy Shylindra Kumar Samlal has been appointed as an Additional (Non-Executive and Non-Independent) Director of Aegis Vopak Terminals Limited. The appointment is subject to shareholder approval. Mr. Deepak Gajanan Dalvi has resigned from his position as Non-Executive Non-Independent Director, effective the same date.
Director Profile
Mr. Wimal Roy Shylindra Kumar Samlal brings over 28 years of experience in financial activities. He holds degrees from the University of Utrecht Faculty of Medicine and Erasmus University, Rotterdam, and has held senior leadership positions at Vopak China & North Shanghai, Vopak North & South America, and Vopak Asia Pte Ltd, Singapore. Most recently serving as the Senior Vice President Finance, Asia and Middle East.
Fund Raising Approval
The Board of Directors has approved raising funds up to ₹660,00,00,000 (Rupees Six Hundred Sixty Crores only) through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The NCDs will be secured, senior, rated, listed, and redeemable, with a face value of ₹1,00,000 each.
Debenture Details
The instrument offers a coupon rate of 6.92% per annum, payable quarterly. The maturity date is set for three years from the allotment date, with bullet redemption. A first-ranking charge will be created on the company’s tangible moveable fixed assets at Mangalore Port, as well as over cashflows, receivables, and book debts. Options for both a Put and Call are available after 12 months.
Source: BSE
