Aegis Logistics Ltd Share Price

Summary

Aegis Logistics Limited was initially incorporated on June 30, 1956 as a private limited company with the name Atul Drug House Limited. On 14 September, 1976, the Company name was changed to Atul Chemical Industries Limited and again was changed from Atul Chemical Industries Limited to Aegis Logistics Limited on 29 August, 2003.Aegis is a key supplier for total supply chain management services to major customers including Oil PSUs. The Company is in the business of import and distribution of Liquified Petroleum Gas (LPG) and storage and terminalling facility for LPG , Oil, Petroleum and chemical products and erection and construction of terminals and allied facilities. It operate storage facilities at Mumbai, Haldia, Pipavav and Mangalore. The Aegis Group captures the complete logistics value chain starting from sourcing, terminaling to retail distribution of LPG. In the year 1962, the company installed their first plant for the manufacture of formaldehyde and hexamine at Kandla. In the year 1967, they installed another plant at Capi near Bulsar in Gujarat State for the manufacture of 14,400 tonnes of formaldehyde and 540 tonnes of hexamine per annum.In the year 1970, the company installed at Vapi a plant for the manufacture of Pentaerythritol formaldehyde with a capacity of 1,200 tonnes per annum with the technical know-how supplied by Joset Meissner of W. Germany. In the year 1999, the Petrochemicals Division was hived off to Perstorp Aegis Chemicals Ltd, (PACL) a joint ve
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