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Confidence Petroleum India Limited ( (IN:CONFIPET) ) has provided an announcement.
Confidence Petroleum India Limited announced significant changes in its board of directors, with the resignation of Mr. Simon Charles Hill and the appointment of Mrs. Ketki Mahendra Save as a Non-Executive Non-Independent Additional Director. The company also revealed plans to establish a wholly-owned subsidiary, Confidence LPG Trading FZCO, in Dubai, UAE, marking a strategic move to enhance its international presence and investment in the LPG sector.
More about Confidence Petroleum India Limited
Confidence Petroleum India Limited operates in the energy sector, primarily focusing on the production and distribution of liquefied petroleum gas (LPG). The company is involved in various aspects of the LPG industry, including bottling, marketing, and trading, with a market focus on expanding its operations both domestically and internationally.
Average Trading Volume: 66,992
Technical Sentiment Signal: Sell
Current Market Cap: 11.97B INR
Find detailed analytics on CONFIPET stock on TipRanks’ Stock Analysis page.