Aegis Logistics has entered into a share subscription agreement with its subsidiary Aegis Gas (LPG) (AGPL) and AGPL’s subsidiary Hindustan Aegis LPG (HALPG), and Itochu Petroleum Co., (Singapore) (Itochu).

The agreement is with respect to the subscription by Itochu to equity shares of HALPG representing 19.7% of the paid-up share capital of HALPG, subject to the terms and conditions set out in the share subscription agreement.

Shares of the company declined Rs 2.2, or 1.05%, to trade at  Rs 207.45.  The total volume of shares traded  was  46,118 at the BSE (1.03 p.m., Wednesday).