Shareholding12 Sept 2026, 11:01 am
South West Pinnacle Promoters Dispose 4.24% Stake
AI Summary
Vikas Jain and Piyush Jain, promoters of South West Pinnacle Exploration Ltd, have disposed of 13,85,838 shares, representing 4.24% of the total shareholding. The disposal occurred through open market sales on August 18, 2026, and September 10, 2026. Following the sale, their combined shareholding has reduced from 65.94% to 61.70%. The total equity share capital of the company remains unchanged.
Key Highlights
- Promoters Vikas Jain and Piyush Jain sold 13,85,838 shares.
- Disposal represents 4.24% of the company's total shareholding.
- Sales were conducted via open market transactions.
- Promoter holding reduced from 65.94% to 61.70%.
- No change in the company's total equity share capital.
Price Impact
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