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The deal is expected to close by the end of March 2027, subject to regulatory approvals, as Agility plans to focus on its growth priorities.

The new company will focus on storage, terminaling and associated logistics activities, with an initial share capital of US$1.

Strong LPG demand, higher distribution margins and expanding infrastructure helped Aegis deliver record FY26 earnings despite supply disruptions...

The new solution offers priority handling, four-hour transfers, dangerous goods expertise and optional temperature control for urgent energy...

The arrangement aligns with its focus on expanding long-term contracts in the LNG carrier segment.

ONGC will subscribe to 200,000 equity shares of ₹100 each in both joint ventures, resulting in a 50 per cent stake in each company.