Final dividend of 600% To Be Payable By Oil & Gas Stock: Record Date In 3 Days; How To Trade Aegis Logistics?

Liquefied petroleum gas (LPG) and other chemical products are the core business of Aegis Logistics Limited, an integrated oil, gas, and chemical logistics firm in India. The corporation finally declared the record date for the final dividend for the fiscal year 2024-2025. At a board meeting on June 19, 2025, Aegis Logistics confirmed a recommendation for a final dividend of 600%, or Rs. 6/-per share (face value of Re. 1 apiece), for the fiscal year that ended on March 31, 2025.

Aegis Logistics Final Dividend Record Date

"The Company has fixed Friday, July 18, 2025 as the "Record Date" for the purpose of determining the Members eligible to receive Final Dividend for the financial year 2024-25 and Final Dividend, if approved by the shareholders at the AGM, will be paid on or before Friday, September 12, 2025," Aegis Logistics said in a regulatory filing.

68th Annual General Meeting of Aegis Logistics

"The 68th Annual General Meeting ("AGM") of the Company is scheduled to be held on Thursday, August 14, 2025 at 3:00 p.m. (IST) through Video Conference ("VC") or Other Audio Visual Means ("OAVM") in compliance with the applicable circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI)," confirmed Aegis Logistics in a stock exchange filing.

Aegis Logistics News

On July 10, 2025, Aegis Logistics and its associate company, Aegis Vopak Terminals Limited (AVTL), signed a Business Transfer Agreement (BTA) to transfer the Liquified Petroleum Gas (LPG) Terminal at Pipavav, which has a cryogenic static storage capacity of 48,000 MT, to AVTL via slump sale on a going-concern basis under the terms and conditions specified in the BTA.

In exchange for the transfer of the LPG cryogenic terminal in Pipavav, the company would get Rs 428,40,00,000/-.

Aegis Logistics Share Price Target

"Aegis Logistics (now part of the Aegis Vopak JV) is showing signs of gradual accumulation, holding firm above its recent support at ₹245. The stock faces immediate resistance at ₹265, and a breakout above this could lead to a short-term rally toward ₹275-₹280. The broader structure remains positive as long as it sustains above ₹245. Momentum indicators like RSI and MACD are improving, suggesting buying interest is returning. A close above ₹265 would confirm a bullish breakout," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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