
Board Meeting2 Jul 2026, 08:43 am
South West Pinnacle Exploration Board Meeting on July 10, 2026
AI Summary
South West Pinnacle Exploration Ltd has announced a Board of Directors meeting scheduled for July 10, 2026. The primary agenda item is to consider and approve the allotment of 28,21,411 equity shares. These shares will be issued pursuant to the conversion of Fully Convertible Warrants, following the exercise of options by warrant holders and receipt of the balance 75% of the issue price. The allotment includes 22,69,288 equity shares to Promoters and 5,52,123 equity shares to Non-Promoters. The meeting will also discuss ongoing business propositions. This action is in furtherance to a special resolution passed in the EGM on January 02, 2025, and a prior warrant allotment on February 21, 2025.
Key Highlights
- Board meeting scheduled for July 10, 2026.
- To approve allotment of 28,21,411 equity shares.
- Shares to be issued upon conversion of fully convertible warrants.
- Allotment includes shares for promoters and non-promoters.
- Discussion on ongoing business propositions is also on the agenda.
Price Impact
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