StockWatch
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Coal
Shareholding10 Jul 2026, 03:55 pm

South West Pinnacle Promoters Acquire & Sell Shares

AI Summary

Vikas Jain and Piyush Jain, promoters of South West Pinnacle Exploration Ltd, have filed disclosures regarding changes in their shareholding. This includes the acquisition of shares pursuant to the conversion of warrants and the disposal of shares through open market transactions on June 29 and June 30, 2026. The total diluted share capital of the company has also seen an increase post these transactions. The filings are made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoters Vikas Jain and Piyush Jain disclosed shareholding changes.
  • Acquisition occurred via conversion of warrants into equity shares.
  • Disposal of shares was executed through open market sales.
  • The company's diluted share capital has been updated.
  • Filings comply with SEBI (SAST) Regulations, 2011.