Shareholding12 Sept 2026, 03:40 pm
South West Pinnacle Promoters Sell 4.24% Stake
AI Summary
Vikas Jain and Piyush Jain, promoters of South West Pinnacle Exploration Ltd, have disclosed the disposal of 13,85,838 equity shares, representing 4.24% of the total share capital. The sale occurred through open market transactions on August 18, 2026, and September 10, 2026. Following this transaction, their combined shareholding has reduced from 65.94% to 61.70%. The total diluted share capital of the company remains unchanged at Rs. 32,65,14,220.
Key Highlights
- Promoters Vikas Jain and Piyush Jain sold 4.24% stake.
- Total shares sold amount to 13,85,838.
- Post-sale, promoter holding reduced to 61.70%.
- Transactions were executed via open market sales.
- The sales took place on August 18 and September 10, 2026.
Price Impact
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