GP Petroleums Limited — Others, 24-04-2025: Disclosure under SEBI Takeover Regulations

GP Global APAC Pte. Ltd. has announced a board meeting regarding its status as a promoter of GP Petroleums Limited, confirming ownership of 2.73 crore shares, constituting 53.55% of the company, as of March 31, 2024. No encumbrance has been placed on these shares during the financial year.

This update underscores the stability in GP Petroleums' ownership structure, which may bolster investor confidence. The absence of encumbrance signals a solid commitment by the promoter, potentially leading to a positive outlook among shareholders.