CONFIPETBSEConfidence Petroleum India LtdMediumNeutral
Announced Sat, 2 May · 18:38 IST

attaching here with proceeding of EGM of the company held on today i.e. Saturday, May 02, 2026

Management Changes View source PDF

CONFIPET · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.2%1-day move
₹54.01
prior close
₹55.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.2+0.3+0.3+4.2+2.0+1.6+1.1+5.8+15.8+14.0+42.6+34.6
Up moveDown movePending
AI summary

Confidence Petroleum India Limited held an EGM on May 2, 2026, through video conferencing. Three items were transacted: (1) appointment of M/S. Katariya and Munot, Chartered Accountants as Joint Statutory Auditors, (2) approval of borrowing limits under Section 180(1)(c) of the Companies Act, 2013, and (3) creation of charge. The meeting lasted 15 minutes (1:00 PM to 1:15 PM). The company will submit the scrutinizer's report and voting results separately as per SEBI regulations.

Likely market impact

This is a routine governance meeting with no major red flags. The appointment of joint auditors and borrowing limit approvals are standard corporate actions that provide operational flexibility. Shareholders approved these measures without any disclosed opposition.