BW LPG exits Confidence Petroleum with full 8.5 percent stake sale

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

CONFIPET · price

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

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹76.79

prior close

₹77.07

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-0.6% vs market

LPG/CNG/PNG/LNG Supplier peers, median of 6sector+0.5%-0.2% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.2 pts less than its LPG/CNG/PNG/LNG Supplier peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

+0.5

15m

-0.1

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.9-0.6+0.5-0.2

Next day

+2.2+0.9+1.3+1.8+0.4

+0.3-1.1+1.4+0.6-0.3

-1.5+0.7-2.2-0.4-1.1

-4.8-0.7-4.1-0.1-4.7

-5.7-1.8-3.9-1.5-4.3

-7.3+2.9-10.2+5.6-12.9

15d

-6.6+5.3-11.9+3.1-9.7

-5.3+7.1-12.4+1.4-6.7

+6.7+8.2-1.4-0.6+7.3

+7.0+11.7-4.7+0.5+6.6

UpDownMarket · Nifty Microcap 250Sector · LPG/CNG/PNG/LNG Supplier peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

BW LPG Shipping FZCO (formerly BW LPG Infrastructure DMCC), a Dubai-based investor, has divested its entire 8.50 percent holding (about 2.82 crore shares) in Confidence Petroleum India Limited through an off-market sale on June 2, 2026. BW LPG was not part of the promoter group. All agreements dated 30 November 2023 between the company and BW LPG stand terminated. After this exit, BW LPG holds zero shares in the company.

Likely market impact

Major institutional shareholder divests completely and all related pacts end. May weigh on stock sentiment due to loss of a sizeable foreign investor.