Confidence Petroleum completes investment in Confidence Futuristic Energetech

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

21 Feb 2022 Evaluate

Confidence Petroleum has completed investment in Confidence Futuristic Energetech. Confidence Futuristic Energetech continues to be in same line of business and further investment is to meet the financial requirement of the Confidence Futuristic Energetech. Cost of acquisition is Rs 120 per share.

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
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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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.