Confidence Petroleum India Limited — Pledging, 02-04-2025: Pledge/Unpledge
02-04-2025 · 03:36 pm
Confidence Petroleum India Limited disclosed the release of a pledge on 2,785,000 equity shares by Confidence LPG Bottling Private Limited, a member of the promoter group. This release pertains to 0.84% of the company's total share capital and signals a positive shift in insider ownership dynamics. The release occurred on March 28, 2025, and highlights a reduction in encumbrance, which may enhance liquidity and investor confidence in the company's stock.
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