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South West Pinnacle Exploration Ltd. ( (IN:SOUTHWEST) ) has issued an update.
South West Pinnacle Exploration Ltd announced it has obtained in-principle approval from the NSE and BSE for issuing over 28 million equity shares and warrants on a preferential basis to promoters and non-promoters. This strategic financial move is expected to bolster the company’s capital structure, indicating a potential expansion or strengthening of its market position. By ensuring compliance with statutory requirements, the company aims to maintain transparent operations and reinforce stakeholder confidence.
More about South West Pinnacle Exploration Ltd.
South West Pinnacle Exploration Ltd is an ISO 9001:2015 certified company based in Gurgaon, India. It operates in the exploration sector, focusing on offering services and products related to mineral and oil exploration. The company is listed on the National Stock Exchange of India and the Bombay Stock Exchange, indicating a significant market presence in the Indian financial markets.
YTD Price Performance: -15.21%
Average Trading Volume: 94,704
Current Market Cap: 3.74B INR
For detailed information about SOUTHWEST stock, go to TipRanks’ Stock Analysis page.