Confidence Petroleum acquires 25% stake in Blue Flame Industries

11 Sep 2018

Confidence Petroleum India has acquired 25% stake in Blue Flame Industries. With this the company has attained the holding of 75% stake in Blue Flame Industries.

Blue Flame industries having cylinder manufacturing plant at Jharkhand has an installed capacity of 6 lakhs LPG cylinders per annum mainly for supply to PSU Oil companies.

Confidence Petroleum is an India-based manufacturer of liquefied petroleum gas (LPG) cylinders for domestic, as well as commercial use. The Company is engaged in the sale of cylinder, LPG bottling, and filling/DPT/transport.

Related Confidence Petroleum India Ltd. Links:

Confidence Petroleum Share Price

60.30 -0.85 (-1.39%) May 12, 18:01
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Company Name CMP
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SEBI Registered: Investment Adviser - INA000013323

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