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Confidence Petroleum India hikes stake in Blue Flame industries

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Capital Market
Confidence Petroleum India announced the company has acquired additional 25% stake in Blue Flame industries taking its total shareholding to 75% stake.

Blue Flame industries has a cylinder manufacturing plant at Jharkhand with a installed capacity of 6 lakh LPG cylinders per annum mainly for supply to PSU Oil companies.

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First Published: Sep 11 2018 | 10:08 AM IST

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