South West Pinnacle Exploration Limited has filed its quarterly compliance certificate with the National Stock Exchange of India and Bombay Stock Exchange for the quarter ended March 31, 2026. The submission fulfills the company's regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Compliance Certificate Details

The compliance certificate was issued by MUFG Intime India Private Limited, the company's registrar and share transfer agent, on April 08, 2026. The certificate addresses the requirements under Regulation 74(5) of SEBI regulations governing depositories and participants.

Key Confirmations

The registrar confirmed two critical aspects of the company's shareholding structure during the quarter:

• No Demat Requests: MUFG Intime India confirmed that no demat requests were received for processing during the quarter ended March 31, 2026
• Complete Dematerialization: All shareholding remained in demat form as of March 31, 2026

Regulatory Framework

The filing demonstrates South West Pinnacle Exploration Limited's compliance with SEBI's regulatory framework for listed companies. Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 mandates specific reporting requirements for companies regarding their shareholding patterns and dematerialization status.

Company and Registrar Information

South West Pinnacle Exploration Limited, an ISO 9001:2015 certified company, operates from its registered office in Sector-44, Gurgaon, Haryana. The compliance certificate was signed by Vaishali, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed.

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The certificate was authenticated by Bharat Bhushan, Assistant Vice President at MUFG Intime India.

South West Pinnacle Exploration Limited has secured a major long-term exploration services contract worth over INR 307 crore from Hind Metal Exploration Pvt Ltd, a wholly owned subsidiary of Hindustan Zinc Ltd. This landmark agreement represents the largest single contract in the company's history and will involve providing exploration services in Rajasthan state. The company's current market capitalization stands at INR 570 crores.

Contract Details and Financial Impact

The significant contract award has strengthened the company's financial position considerably. Following this new agreement, South West Pinnacle's order book now stands at INR 700 crores, providing substantial visibility for medium to long-term growth.

Management Commentary

Mr. Vikas Jain, Chairman & Managing Director, expressed satisfaction with the development, stating that this long-term contract will significantly enhance the company's revenue and accelerate its growth trajectory. He emphasized the value of the partnership and the company's commitment to successful project completion.

Mr. Piyush Jain, Joint Managing Director, highlighted that the contract will serve as a cornerstone in the company's growth strategy. He confirmed that revenue generation from this contract will commence from the first quarter of FY27 and acknowledged the dedication of the SWPE team and client support in achieving the company's objectives.

Existing Client Relationship

South West Pinnacle has established a strong track record with Hind Metal Exploration's parent group, having successfully completed multiple projects in the past. The company currently operates two ongoing projects for the same group in Maharashtra and Chhattisgarh states, demonstrating its ability to maintain client confidence and deliver according to requirements.

Company Operations and Capabilities

South West Pinnacle Exploration Limited operates as an integrated end-to-end drilling and exploration service provider across all natural resources. The company's expertise encompasses exploration of coal, ferrous and non-ferrous minerals, atomic minerals, conventional and non-conventional oil and gas, and groundwater investigation.

The company utilizes advanced technological tools including surface geographical investigation, downhole geophysics, 2D/3D seismic, and passive seismic tomography. South West Pinnacle operates 40 state-of-the-art drilling rigs with varied capacities capable of drilling up to 2,500 meters depth.

Additional Business Ventures

Beyond its core exploration services, South West Pinnacle has diversified operations including a coal block allocation in Jharkhand spanning 266 hectares with geological reserves exceeding 84 million tons. The company has signed a Coal Mine Development and Production Agreement with the Ministry of Coal, Government of India, with exploration activities currently underway.

The company also maintains international presence through two joint ventures in Oman, providing mining services for copper and gold exploration, and operating an allocated mining block where exploration activities are in progress.