
Shareholding3 Jun 2026, 05:21 pm
Radiant Computech Discloses 8.50% Stake in Confidence Petroleum
AI Summary
Radiant Computech Private Limited has disclosed a substantial acquisition of shares in Confidence Petroleum India Limited, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure indicates that Radiant Computech now holds 2,82,29,120 equity shares, representing 8.50% of the total share capital and voting rights in Confidence Petroleum India Limited. The acquisition, which triggered the disclosure threshold on June 2, 2026, was made through an unspecified mode of acquisition. The total diluted share capital of Confidence Petroleum remains unchanged at 332,241,043 equity shares.
Key Highlights
- Radiant Computech Pvt Ltd acquired 8.50% stake in Confidence Petroleum India Ltd.
- The acquisition involves 2,82,29,120 equity shares.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- Acquisition threshold triggered on June 2, 2026.
- No change in total diluted share capital of Confidence Petroleum.
Price Impact
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