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Confidence Petroleum’s arm takes over 75% equity in Sarju Impex

01 Jun 2021 Evaluate

Confidence Petroleum’s subsidiary company -- Confidence Futuristic Energetech has taken over 75% equity of Sarju Impex situated at Dahej SEZ in the state of Gujarat. The unit is operational and is engaged in the activity of manufacturing of high pressure oxygen and CNG cylinders.

The unit has the capacity to manufacture 1,80,000 high pressure oxygen and CNG cylinders per annum. The acquisition is also a major step towards the integration plans within the CNG value chain and assist the CGD companies to expand their a station network through cascades and ensuring availability of CNG cylinders for automobile vehicle. Ensuring green and clean fuel is within reach of every citizen.

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.

Confidence Petroleum Share Price

52.67 0.05 (0.10%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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