Asian Energy Services Limited · NSE:ASIANENE
Asian Energy Services — Merger or Acquisition (September 2025)
21 slides from Asian Energy Services's merger presentation, Sep 6, 2025
Slide 1: Exchange filing letter for Investor Presentation on Proposed Merger
Date: 6th September, 2025 To, To, The General Manager, Department of Manager - Lis ng Compliance Na onal Stock Corporate Services, BSE Limited, Exchange of India Limited P.J. Towers, Dalal Street, 'Exchange Plaza', C-1, G Block, Bandra Kurla Mumbai - 400 001. Complex, Bandra (E), Mumbai-400 051 BSE
Slide 2: Update on the Proposed Merger
UPDATE ON THE PROPOSED MERGER September-2025 ASIAN ENERGY SERVICES LIMITED (AESL)
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Asian Energy Services Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation
Slide 4: Merger of Oilmax Energy into Asian Energy Services
ASIAN ENERGY SERVICES LTD (AESL) Announces merger of Oilmax Energy into Asian Energy Services: Consolidating capabilities of both the companies to propel Asian Energy to the next level and priming for future growth Kapil Garg MANAGING DIRECTOR The merger of Oilmax Energy into Asian Energy Services i
Slide 5: Table of Content
Table of Content ASIAN ENERGY SERVICES LTD (AESL) Overview Financial Snapshot Sr No Particulars Page No 1 Overview of Proposed Scheme 5 2 Rationale for the transaction 7 3 Overview of Oilmax Energy 10 4 Valuation and Emerging Shareholding 18 INVESTOR PRESENTATION 4
Slide 6: Overview of Proposed Scheme
Overview of Proposed Scheme ASIAN ENERGY SERVICES LIMITED (AESL) 5
Slide 7: Overview of Proposed Scheme
Overview of Proposed Scheme ASIAN ENERGY SERVICES LTD (AESL) • The proposed transaction is a Merger by Absorption of Oilmax Energy Pvt. Ltd. (OEPL) with Asian Energy Services Ltd. (AESL) under Sections 230–232 and 66 of the Companies Act, 2013 Overview Financial Snapshot • OEPL, incorporated in 2008
Slide 8: Rationale for the Transaction
Rationale for the Transaction ASIAN ENERGY SERVICES LIMITED (AESL) 7
Slide 9: Key Rationale
Key Rationale ASIAN ENERGY SERVICES LTD (AESL) Strategic Fit & Business OverviewSynergies Growth & Market Leadership • Integration of strengths across oil & gas, minerals, and upstream • Creation of a leading Indian energy & mineral company with global services footprint • Asian’s O&M & EPC expertis
Slide 10: Key Opportunity Window In Next Years
Key Opportunity Window In Next 5 Years ASIAN ENERGY SERVICES LTD (AESL) • Rising energy and commodity demand o Rising demand for oil and gas to fuel the growth of the world’s fastest growing major economy o Economic growth, industrialization and technological advancement fuelling demand for mineral
Slide 11: Overview of Oilmax Energy
Overview of Oilmax Energy ASIAN ENERGY SERVICES LIMITED (AESL) 10
Slide 12: Company At a Glance
Company At a Glance ASIAN ENERGY SERVICES LTD (AESL) Overview Financial Snapshot - Standalone Particulars (Rs Cr) FY 25 • Incorporated in 2008, Oilmax is a privately owned integrated Oil & Gas company with investments in Oil & Gas assets, mineral assets and the Revenue from operations 128 Energy Ser
Slide 13: Journey
Journey ASIAN ENERGY SERVICES LTD (AESL) Acquired stake in Poduri Acquired Asian Energy Acquired 50% PI in Started production Acquisition of Kuiper via field in Romania and Amguri, raised output Overview Services Ltd from PE fund from Indrora field. Asian Energy, awarded some fields in Cambay, from
Slide 14: Asset Overview
Asset Overview ASIAN ENERGY SERVICES LTD (AESL) Location / Type Participating Interest Asset Status (ON or OFF Shore) (Holding or PI in the Asset) Overview Financial Snapshot Oil & Gas Assets Amguri Assam ON 50% Producing Duarmara Assam ON 50% Discovered, Expected production in FY26 South Rewa 6 CBM
Slide 15: Business Model
Business Model ASIAN ENERGY SERVICES LTD (AESL) Overview Financial Snapshot • Oilmax acquires and develops Oil & Gas blocks domestic and international expanses, Low Cost leveraging its deep understanding of the upstream oil and gas industry • The company focuses on onshore and shallow offshore field
Slide 16: Current Corporate Structure
Current Corporate Structure ASIAN ENERGY SERVICES LTD (AESL) CurrentOverview Group Structure Current Ownership Structure Oilmax Energy Pvt Ltd Promoter Others Family ~35% ~ 65% Oil & Gas Exploration & Production (E&P) Oilmax Energy Pvt Ltd Green Energy ~55% (fully diluted basis) OIL & GAS Venture AM
Slide 17: Proposed Structure - Merger
Proposed Structure - Merger ASIAN ENERGY SERVICES LTD (AESL) Financial Snapshot Promoter Others Promoter Family Public & Others Family ~35% ~ 47% ~53% ~ 65% Issue of Oilmax Energy Pvt Ltd Equity Asian Energy Services Ltd (Merged) Shares ~55% (fully diluted basis) Merged INVESTOR PRESENTATION Asian E
Slide 18: Proforma Merged Entity for FY25
Proforma Merged Entity for FY25 ASIAN ENERGY SERVICES LTD (AESL) (Rs in Crore) Merged Financial Snapshot Company Revenue 128 crs 465 crs 593 crs EBITDA 71 crs 72 crs 143 crs EBITDA Margin % 56% 16% 24% PAT 49 crs 42 crs 91 crs PAT Margin % 38% 9% 15% INVESTOR PRESENTATION RoCE 17% 15% 20% RoE 18% 12
Slide 19: Valuation And Emerging Shareholding
Valuation And Emerging Shareholding ASIAN ENERGY SERVICES LIMITED (AESL) 18
Slide 20: Valuation and Emerging Shareholdings
Valuation and Emerging Shareholdings ASIAN ENERGY SERVICES LTD (AESL) Swap Ratio: Oilmax Energy Fair Valuation: For every 10 shares of Oilmax ~ Rs. 2,582 Cr. Energy, 117 shares of Asian Energy Shareholding Pattern Pre and Post Merger (Fully diluted basis) Pre - Merger Post - Merger Particulars No. o
Slide 21: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : Asian Energy Services Limited Investor Relation Advisors: CIN – L23200MH1992PLC318353 Strategic Growth Advisors Pvt. Ltd. Contact Details : CIN - U74140MH2010PTC204285 Investor.relations@asianenergy.com Ms. Brinkle Shah
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