Confidence Petroleum India Limited
Promoter Neela Khara acquired 8,344,164 shares of Confidence Petroleum India Limited for ₹43.86 Cr at ₹52.56 apiece, increasing her stake from 0.69% to 3.20%. This acquisition was a result of an inter-se promoter transfer due to a share transmission following the passing of promoter Mr. Nalin Khara.
A supplier of liquefied petroleum gas across India, Confidence Petro manufactures LPG cylinders and operates a network of bottling plants and auto LPG dispensing stations nationwide. The company serves industrial, commercial, and consumer customers through packed LPG cylinders, LPG bottling services, and auto LPG distribution. Its integrated operations span cylinder manufacturing, retail and bulk LPG bottling, and automotive fuel supply infrastructure across the country.