BW LPG exits 8.50% equity stake in Confidence Petroleum India

BW LPG Ltd announced the completion of the sale of its 8.50% equity stake in Confidence Petroleum India Limited (CPIL). This divestment marks BW LPG's full exit as a shareholder in CPIL, aligning with its previously stated strategy to cease investments in infrastructure. The transaction has no impact on the Company's profit or loss or total equity, as all fair value changes were recognized prior to the sale.