Confidence Petroleum planning to set-up petrol pumps at its Auto LPG Dispensing stations

Confidence Petroleum India Ltd. | Trading | Miscellaneous | BSE: 526829 | NSE: CONFIPET

30 Dec 2019 Evaluate

Confidence Petroleum India is planning to set-up petrol pumps as additional facility at its Auto LPG Dispensing stations to generate additional revenue. A meeting of the Board of Directors of company is scheduled on January 4, 2020 to discuss the gazette notification issued by the Central Government allowing non-oil companies with net worth of Rs 250 crore to market fuel by setting up petrol pumps.

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.

Peers

Company Name	CMP
Redington	401.05
Adani Enterprises	2990.00
Amrapali Industries	36.90
Rashi Peripheral	898.90
ABans Enterprises	27.70
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.