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.
| Company Name | CMP |
|---|---|
| Redington | 221.75 |
| Adani Enterprises | 2483.55 |
| Amrapali Industries | 17.43 |
| Rashi Peripheral | 477.05 |
| PDS | 279.45 |
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