The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 03, 2026 for Gaspoint Petroleum India Ltd

Ownership Changes View source PDF Explain this filing

CONFIPET · price

Loading chart…

▲ 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

+1.9%Reaction day

₹77.00

prior close

₹76.53

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%+1.9% vs market

LPG/CNG/PNG/LNG Supplier peers, median of 6sector+1.1%+0.8% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 0.8 pts more 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

-0.3

15m

-0.5

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9-0.0+1.9+1.1+0.8

Next day

-0.0-2.0+1.9-0.5+0.5

-1.8-0.1-1.6-0.6-1.1

-5.1-1.6-3.5-0.6-4.4

-6.0-2.7-3.3-3.0-3.0

-8.1+0.3-8.3-0.5-7.6

-10.4+2.6-13.0+3.8-14.2

15d

-6.5+4.2-10.6+1.5-8.0

-5.6+6.2-11.7-0.1-5.4

+5.7+8.6-2.9-0.4+6.1

+6.6+11.2-4.7-1.4+7.9

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

Confidence Petroleum India Ltd has informed the exchanges about a disclosure received from Gaspoint Petroleum India Ltd, part of the promoter group, regarding the creation of a pledge on 2,61,00,000 equity shares (about 7.86% of total share capital). The pledge has been created in favour of Shine Star Build Cap Pvt Ltd, and the stated reason is 'working capital requirement.' After this event, Gaspoint's total encumbered holding rises to roughly 8.73% of the company's share capital. The filing is made under Regulation 31 of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which governs disclosures for encumbrance of promoter/promoter group shares.

Likely market impact

A new pledge of 7.86% of the company's equity by a promoter group entity — for working capital — slightly raises encumbrance levels on promoter holdings but does not change ownership. Shareholders should watch for any subsequent invocation, release, or further pledging, which could become price-sensitive if promoters face liquidity stress.