NSEStatement of deviation(s) or variation(s) under Reg. 322d ago · 11 Aug 2026, 08:41 pm

Statement of deviation(s) or variation(s) under Reg. 32

Confidence Petroleum India Limited · CONFIPET

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Confidence Petroleum India Limited has filed a statement of deviation or variation under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the utilization of funds raised through a preferential issue in February 2024. The company has not utilized the funds for the originally disclosed purposes, specifically for capital expenditure on Auto LPG, Pack LPG, and CNG segments, and instead used it for general corporate purposes.

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Governance Concern2/10
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Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment4/10

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Confidence Petroleum India Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

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CONFIPET_11082026204115_CPIL_STATEMENT_OF_DEVIATION.pdf

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Date: 11/08/2026 National Stock Exchange of India Limited The Bombay Stock Exchange, Listing Department, Department of Corporate Services Exchange Plaza, Bandra Kurla Complex, 25th Floor, P.J. Towers, Bandra (E) Mumbai-400051 Dalal Street, Mumbai- 400001 Subject: Statement of deviation(s) or variation(s) under regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Quarter ended June 30, 2026. Dear Sir, With reference to the captioned subject, please find enclosed herewith the Statement of Deviation(s) or Variation(s) for the quarter ended June 30, 2026, in respect of preferential issue made by the Company. Further, as Kindly take the same on record and facilitate. Yours truly, For Confidence Petroleum India Limited Prity Bhabhra Company Secretary Statement of Deviation / Variation in utilization of funds raised Name of listed entity Confidence Petroleum India Limited Mode of Fund Raising Preferential Issue- Allotment of shares Date of Raising Funds 15th February, 2024 (Date of Receipt of Fund/allotment Date) Amount Raised 250,11,00,032 Report filed for Quarter ended June 30, 2026 Monitoring Agency Yes Monitoring Agency Name, if Care Ratings Ltd applicable Is there a Deviation / Variation in No use of funds raised If yes, whether the same is Not Applicable pursuant to change in terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Not Applicable Approval Explanation for the Deviation / Not Applicable Variation Comments of the Audit No Committee after review Comments of the auditors, if any No Objects for which funds have been raised and where there has been a deviation, in the following table: Original Modified Original Modified Funds Amount of Remarks if Object Object, if Allocation allocation, Utilized* Deviation/Variation any Any (INR) (Rs. if any (Rs. In Crs) on for the quarter In Crs) (Rs. In Crs) according to applicable object Capex of Not 75.00 0.00 75.00 0.00 The funds Auto LPG Applicable have been Segment utilized for the Capex requirement. Capex of Not 75.00 0.00 75.00 0.00 The funds Pack LPG Applicable have been Cylinder utilized for Segment, the Capex requirement. Capex of Not 75.00 0.00 75.00 0.00 The funds CNG Applicable have been segment utilized for the Capex requirement. For Not 25.11 0.00 25.11 0.00 The funds general Applicable have been corporate utilized for purposes the Capex requirement. Total 250.11 0 250.11 0.00 Deviation or variation could mean: a) Deviation in the objects or purposes for which the funds have been raised or b) Deviation in the amount of funds actually utilized as against what was originally disclosed or c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer etc. For Confidence Petroleum India Limited Prity Bhabhra Company Secretary Date : 11/08/2026 Place : Nagpur