Confidence Petroleum India Limited — Others, 13-08-2025: Statement of deviation(s) or variation(s) under Reg. 32
13-08-2025 | 06:40 pm
13-08-2025 | 06:40 pm
Confidence Petroleum India Ltd. has confirmed there is no deviation in the utilization of funds raised through its preferential issue of shares. The company raised Rs 250.11 crore from the issue. As of the recent quarter, Rs 159.56 crore has been utilized. The funds are being deployed for their intended capital expenditure in the Auto LPG, Pack LPG Cylinder, and CNG segments, along with general corporate purposes. This update assures investors that the raised capital is being used as per the original plan.
No comments yet. Be the first to comment!
