Aegis Logistics has entered into a Share Subscription Agreement with its wholly owned subsidiary, Hindustan Aegis LPG Company Ltd. (HALPG) and Itochu Petroleum Co. (Singapore) Pte Ltd., a subsidiary Corporation of Japan for expansion of LPG business in India; for a total amount of Rs 250 crs ($38.6m), representing 19.7% will be used for developing two LPG import terminal the west coast of India.

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