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Credit Suisse sells a third of its holding (33.5 lakh shares) in Aegis Logistics at 40 Cr.

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Aegis Logistics handles liquids and gas storage and transport, mainly at ports. It has been expanding capacity at a rapidly and has terminals in Pipavav, Kochi, Kandla, Mumbai and Haldia ports.

They also have a large AutoGas operation in the south where they have pumps that dish out LPG, for auto usage. (latest report here)

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Credit Suisse (Singapore) which held 10,395,000 shares representing 3.11% of the share capital, has sold shares worth 40 Cr on both the National and Bombay Stock Exchange.

The total shares sold were 3,350,000 or 1% (33% of its holding) thereby bringing its new holding to 7,045,000 shares or 2.11%. The buyers of the shares have not been disclosed yet.Aegis Share Price

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