Shareholding3 Jun 2026, 12:31 pm
BW LPG Shipping Sells 8.50% Stake in Confidence Petroleum
AI Summary
BW LPG Shipping FZCO has off-market sold 2,82,29,120 equity shares, representing 8.50% of the total share capital, in Confidence Petroleum India Limited. The transaction occurred on June 2, 2026. Following the sale, BW LPG Shipping FZCO holds no shares in Confidence Petroleum India Limited. The total equity share capital of Confidence Petroleum India Limited remains 33,22,41,043 shares.
Key Highlights
- BW LPG Shipping FZCO sold 8.50% stake in Confidence Petroleum.
- Transaction value not disclosed, executed off-market.
- Seller's holding reduced to nil post-sale.
- Disclosure made under SEBI Takeover Regulations.
Price Impact
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