The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 01, 2025 for Confidence LPG Bottling Pvt Ltd

Pledge ReleasedOwnership 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

+0.2%Reaction day

₹50.80

prior close

₹51.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-0.4% vs market

LPG/CNG/PNG/LNG Supplier peers, median of 6sector+0.3%-0.1% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.1 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

-2.8

10m

-3.5

15m

-3.4

30m

-3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+0.7-0.4+0.3-0.1

Next day

+5.3+1.7+3.6+1.6+3.8

-0.6-2.0+1.4-2.5+1.9

-4.1-6.2+2.2-5.8+1.8

-0.9-4.0+3.0-3.5+2.6

-2.8-5.2+2.4-3.5+0.8

+5.7+1.2+4.5-0.2+5.9

15d

+7.2+2.9+4.3+2.2+4.9

+2.4+0.4+1.9-0.3+2.7

+20.3+12.8+7.5+2.6+17.7

+2.6+16.0-13.4+9.1-6.5

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 informed the exchanges that Confidence LPG Bottling Pvt Ltd (a promoter group entity) released a pledge on 27,85,000 equity shares (0.84% of total share capital) on March 28, 2025. The pledged shares were held with Cholamandalam Securities Limited. After this release, the promoter group's remaining encumbered shares stand at 19,15,000 (0.58% of share capital), down from 47,00,000 (1.41%) earlier. The disclosure was filed under SEBI SAST Regulations 31(1) and 31(2) on April 1, 2025.

Likely market impact

This is a positive signal for shareholders as a reduction in pledged promoter shares lowers the risk of forced selling and indicates improved financial flexibility for the promoter group. The released shares are now unencumbered, which is generally viewed favourably by the market.