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Who is the owner of Confidence Petroleum?

Asked by Anonymous Sep 02, 2026 0 views 1 answers
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Answered Sep 02, 2026

Confidence Petroleum India Limited operates as a publicly traded corporate entity listed on major Indian stock exchanges, meaning its ownership is distributed among a vast public base of institutional investors, mutual funds, foreign portfolio investors, and retail shareholders. However, the foundational stewardship and entrepreneurial control of the Confidence Group rest with its promoter and managing director, Nitin Poonamchand Khara, who has spearheaded its strategic evolution from a regional enterprise into one of India's leading private-sector liquefied petroleum gas cylinder manufacturers and integrated energy distributors.

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