Confidence Petroleum India Limited — Pledging, 12-03-2025: Pledge/Unpledge

Confidence Petroleum India Limited disclosed the pledging of 300,000 equity shares by Confidence LPG Bottling Private Limited, a promoter group entity. This creation of encumbrance is designated for margin money. The shares pledged represent approximately 0.09% of the company's total share capital. Key stakeholders in the transaction include Cholamandalam Securities Limited, which has 4,400,000 shares encumbered, constituting 1.41% of the total capital. This development may affect investor sentiment as it indicates a financial commitment involving a portion of the company’s equity.