CONFIDENCE LPG BOTTLING PRIVATE LIMITED, a promoter group entity, increased its stake in Confidence Petroleum India Limited from 4.95% to 5.79% by purchasing 27,72,372 shares for ₹20.27 crore at ₹73.13 apiece in a market purchase. This transaction crossed the 5% disclosure threshold.
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.
