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Confidence Petroleum acquires additional 50% stake in BW Confidence Enterprise

08 Apr 2026 Evaluate

Confidence Petroleum India has acquired 25,00,000 equity shares, representing 50% of the paid-up share capital of BW Confidence Enterprise, from BW LPG Infrastructure DMCC. Prior to this acquisition, the company already held a 50% stake in BW Confidence Enterprise. Consequently, upon completion of the aforesaid acquisition, BW Confidence Enterprise has become a wholly owned subsidiary of the company.

Confidence Petroleum India 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

55.52 0.89 (1.63%)
04-May-2026 16:59 View Price Chart
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