Independent director resigns from Confidence Petroleum

Confidence Petroleum India Limited (CPIL) has informed the stock exchanges about the resignation of Vandana Gupta as an independent director, effective October 1, 2025. The company confirmed that there are no material reasons for her resignation other than those stated.

In a letter dated October 4, 2025, Gupta confirmed her resignation due to "Pre Occupancy with other companies and personal reason," clarifying that no other material reasons contributed to her departure. This disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123.

The announcement, sent to both the National Stock Exchange of India Limited and the Bombay Stock Exchange, ensures compliance with regulatory requirements regarding director changes. The company's managing director, Nitin Khara, submitted the official intimation.