Confidence Petroleum India confirms divestment by BW LPG Shipping FZCO

Confidence Petroleum India has confirmed that BW LPG Shipping FZCO (formerly BW LPG Infrastructure DMCC) (Investor) has divested and transferred its entire shareholding/investment in Confidence Petroleum India with effect from 02 June 2026. The Company received the requisite disclosure from the Investor in respect of the aforesaid divestment on 03 June 2026. It is further confirmed that, consequent upon and with effect from the completion of the aforesaid divestment, all agreements entered into between the Company and the above Investor pursuant to or in connection with the agreements dated 30 November 2023 shall stand terminated and cease to have any force or effect. For record purposes, a copy of the disclosure received from BW LPG Shipping FZCO (formerly BW LPG Infrastructure DMCC) regarding the aforesaid divestment is enclosed. 

The above information is a part of company’s filings submitted to BSE.