S&R Associates represented BW LPG, the world’s leading owner and operator of LPG vessels, in the sale of its 8.5% equity stake in Confidence Petroleum India Limited, a listed LPG and CNG solutions provider.
The S&R team was led by counsel Apurv Sharma and partners Rajat Sethi and Rachael Israel, and included associate Durga Prasad Mohapatra on corporate matters. Partner Sumit Bansal and associate Taranjeet Singh advised on tax matters.
For reference, please see below a press release in relation to the transaction:
https://www.bwlpg.com/bw-lpg-exits-investment-in-confidence-petroleum-india-following-sale-of-8-50-equity-stake/